Consistent Export Growth: 35.43% CAGR Over 7 Years
India's exports under HSN Chapter 93 have grown at a compound annual rate of 35.43% over 7 fiscal years, rising from ₹778.72 Crore in FY 2018-19 to ₹4,804.34 Crore in FY 2024-25.
93 HSN Code: Arms & Ammunition, Etc
HSN Chapter 93 represents Arms & Ammunition, Etc under GST classification. This code helps businesses identify Arms & Ammunition, Etc correctly for billing, taxation, and trade purposes. With HSN Chapter 93, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Arms & Ammunition, Etc.
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Sub-chapters under HSN Chapter 93
Following Sub Chapters fall under Arms & Ammunition, Etc:
Sub Chapter
New GST Rate
Old GST Rate
Description
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Military weapons, other than revolvers, pistols and the arms of heading 9307
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Revolvers and pistols, other than those of heading 9303 or 9304
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Other firearms and similar devices which operate by the firing of an explosive charge (for example, sporting shotguns and rifles, muzzle-loading firearms, very pistols and other devices designed to project only signal flares, pistols and revolvers for firing blank ammunition, captive-bolt humane killers, linethrowing guns)
Sub Chapter
New GST Rate
28
%
Standard
Old GST Rate
28
%
Description
Other arms (for example, spring, air or gas guns and pistols, truncheons), excluding those of heading 9307
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Parts and accessories of articles of headings 9301 to 9304
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Bombs , grenades, torpedoes, mines, missiles, and similar munitions of war and parts thereof; cartridges and other ammunition and projectiles and parts thereof, including shot and cartridge wads
Sub Chapter
New GST Rate
18
%
Standard
Old GST Rate
18
%
Description
Swords, cut lasses, bayonets, lances and similar arms and parts thereof and scabbards and sheaths therefof
India’s Trade Performance — HSN Chapter 93 in FY 2024-25
TradeStat EIDB — Ministry of Commerce & Industry
FY 2018-19–FY 2024-25
Values in ₹ Crore
India’s Exports
FY 2024-25₹4,804 Cr
+69.28%
vs FY 2023-24
0.1297% of India’s total exports
India’s Imports
FY 2024-25₹998 Cr
−16.56%
vs FY 2023-24
0.0164% of India’s total imports
Trade Balance
FY 2024-25₹3,806 Cr
Trade Surplus
Surplus rank #33 of 97 chapters
At a glance
35.43%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#67
National Export Rank
of 97 chapters by export value, FY 2024-25
+69.28%
Peak Growth Year
FY 2024-25 · strongest single-year move
6.2×
Export Growth · 7Y
₹778.72 Cr → ₹4,804.34 Cr
India Export-Import Trade Statistics for HSN Chapter 93
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
FY 2018-19
Exp. Rank #79
Balance
+321.57
Exports
778.72 ₹ Cr
0.0338% share
— YoY
Imports
457.15 ₹ Cr
0.0127% share
— YoY
FY 2019-20
Exp. Rank #76
Balance
+498.48
Exports
934.09 ₹ Cr
0.0421% share
+19.95% YoY
Imports
435.61 ₹ Cr
0.0130% share
−4.71% YoY
FY 2020-21
Exp. Rank #73
Balance
+1,014.38
Exports
1,523.34 ₹ Cr
0.0706% share
+63.08% YoY
Imports
508.96 ₹ Cr
0.0175% share
+16.84% YoY
FY 2021-22
Exp. Rank #75
Balance
+911.33
Exports
1,882.51 ₹ Cr
0.0598% share
+23.58% YoY
Imports
971.18 ₹ Cr
0.0212% share
+90.82% YoY
FY 2022-23
Exp. Rank #74
Balance
+1,625.59
Exports
2,541.98 ₹ Cr
0.0702% share
+35.03% YoY
Imports
916.39 ₹ Cr
0.0159% share
−5.64% YoY
FY 2023-24
Exp. Rank #73
Balance
+1,641.68
Exports
2,838.12 ₹ Cr
0.0784% share
+11.65% YoY
Imports
1,196.44 ₹ Cr
0.0213% share
+30.56% YoY
FY 2024-25
Exp. Rank #67
Balance
+3,805.99
Exports
4,804.34 ₹ Cr
0.1297% share
+69.28% YoY
Imports
998.35 ₹ Cr
0.0164% share
−16.56% YoY
CAGR · 7-Year
Exports
35.43% /yr
Imports
13.90% /yr
Consistently Surplus
Peak export growth year
Latest available data
Not available
YoY = change vs previous FY
Key Trade Insights: HSN Chapter 93 Export-Import Analysis
HSN Chapter 93 Ranked #67 Among All 97 Chapters by Export Value
In FY 2024-25, HSN Chapter 93 ranks #67 out of 97 chapters by total export value. By trade surplus, it ranks #33 of 97.
FY 2024-25 Was the Strongest Growth Year for HSN Chapter 93 Exports
The strongest single-year export movement for HSN Chapter 93 was recorded in FY 2024-25, when exports surged by 69.28% over the prior year.
India Maintains a Trade Surplus of ₹3,805.99 Crore in HSN Chapter 93 Goods
In FY 2024-25, India's exports of ₹4,804.34 Cr exceeded imports of ₹998.35 Cr, resulting in a trade surplus of ₹3,805.99 Crore — ranking #33 of 97 by surplus magnitude.
Import Growth of 13.90% CAGR Signals Rising Demand for Arms & Ammunition, Etc
India's imports under HSN Chapter 93 have grown at 13.90% CAGR, reaching ₹998.35 Crore in FY 2024-25.
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Important Disclaimer
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.