Consistent Export Growth: 13.18% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2834 have grown at a compound annual rate of 13.18% over 7 fiscal years, rising from ₹112.83 Crore in FY 2018-19 to ₹237.21 Crore in FY 2024-25.
HSN Sub Chapter 2834 represents Nitrites; nitrates under GST classification. This code helps businesses identify Nitrites; nitrates correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2834, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Nitrites; nitrates.
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GST Rate for Nitrites; nitrates under HSN Code 2834. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Nitrites; nitrates.
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrites : Sodium nitrite
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrites : Other
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Of potassium
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Strontium nitrate
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Magnesium nitrate
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Barium nitrate
Tariff HSN
Description
SALTS AND PEROXYSALTS, OF INORGANIC ACIDS AND METALS : Nitrates : Other : Other
India’s Exports
FY 2024-25₹237 Cr
0.0064% of India’s total exports
India’s Imports
FY 2024-25₹131 Cr
0.0021% of India’s total imports
Trade Balance
FY 2024-25₹107 Cr
Surplus rank #383 of 1233 subchapters
% of Chapter 28
FY 2024-250.69%
Share of Chapter 28’s total exports in FY 2024-25
Import side: 0.14% of Chapter 28’s imports
Rank Within Chapter 28
FY 2024-25#23 of 50
Position by export value among subchapters in Chapter 28
Import-side rank: #31 of 50
At a glance
13.18%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#667
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+85.39%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.69%
Contribution to Ch. 28
Share of Chapter 28 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+12.06
Exports
112.83 ₹ Cr
0.0049% share
— YoY
0.80% of Ch. 28
Imports
100.77 ₹ Cr
0.0028% share
— YoY
0.19% of Ch. 28
Balance
+26.54
Exports
118.39 ₹ Cr
0.0054% share
+4.93% YoY
0.95% of Ch. 28
Imports
91.85 ₹ Cr
0.0027% share
−8.85% YoY
0.20% of Ch. 28
Balance
+52.98
Exports
113.75 ₹ Cr
0.0053% share
−3.92% YoY
0.92% of Ch. 28
Imports
60.77 ₹ Cr
0.0021% share
−33.84% YoY
0.12% of Ch. 28
Balance
+55.53
Exports
157.38 ₹ Cr
0.0050% share
+38.36% YoY
0.79% of Ch. 28
Imports
101.85 ₹ Cr
0.0022% share
+67.60% YoY
0.13% of Ch. 28
Balance
+95.26
Exports
291.77 ₹ Cr
0.0081% share
+85.39% YoY
1.10% of Ch. 28
Imports
196.51 ₹ Cr
0.0034% share
+92.94% YoY
0.19% of Ch. 28
Balance
+152.52
Exports
260.74 ₹ Cr
0.0072% share
−10.64% YoY
0.98% of Ch. 28
Imports
108.22 ₹ Cr
0.0019% share
−44.93% YoY
0.14% of Ch. 28
Balance
+106.68
Exports
237.21 ₹ Cr
0.0064% share
−9.02% YoY
0.69% of Ch. 28
Imports
130.53 ₹ Cr
0.0021% share
+20.62% YoY
0.14% of Ch. 28
CAGR · 7-Year
Exports
13.18% /yr
Imports
4.41% /yr
reference, FY 2024-25
Export
₹34,411.05 Cr
Import
₹96,471.59 Cr
Trade Balance
−62,060.54
India's exports under HSN Sub-Chapter 2834 have grown at a compound annual rate of 13.18% over 7 fiscal years, rising from ₹112.83 Crore in FY 2018-19 to ₹237.21 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2834 ranks #667 out of 1233 subchapters by total export value. Within Chapter 28, it ranks #23 of 50. By trade surplus, it ranks #383 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2834 was recorded in FY 2022-23, when exports surged by 85.39% over the prior year.
In FY 2024-25, India's exports of ₹237.21 Cr exceeded imports of ₹130.53 Cr, resulting in a trade surplus of ₹106.68 Crore — ranking #383 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2834 have grown at 4.41% CAGR, reaching ₹130.53 Crore in FY 2024-25.
Among the 50 subchapters under Chapter 28, HSN Sub-Chapter 2834 ranks #23 by export value — accounting for 0.69% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #31).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2834 and GST compliance.
It includes Nitrites; nitrates
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Nitrites; nitrates is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.