Consistent Export Growth: 7.05% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3502 have grown at a compound annual rate of 7.05% over 7 fiscal years, rising from ₹103.06 Crore in FY 2018-19 to ₹155.10 Crore in FY 2024-25.
HSN Sub Chapter 3502 represents Albumins & protein derivatives under GST classification. This code helps businesses identify Albumins & protein derivatives correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3502, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Albumins & protein derivatives.
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GST Rate for Albumins & protein derivatives under HSN Code 3502. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Albumins & protein derivatives.
India’s Exports
FY 2024-25₹155 Cr
0.0042% of India’s total exports
India’s Imports
FY 2024-25₹1,581 Cr
0.0259% of India’s total imports
Trade Balance
FY 2024-25−₹1,426 Cr
Surplus rank #995 of 1233 subchapters
% of Chapter 35
FY 2024-254.62%
Share of Chapter 35’s total exports in FY 2024-25
Import side: 19.19% of Chapter 35’s imports
Rank Within Chapter 35
FY 2024-25#7 of 7
Position by export value among subchapters in Chapter 35
Import-side rank: #3 of 7
At a glance
7.05%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#757
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+197.13%
Peak Growth Year
FY 2022-23 · strongest single-year move
4.62%
Contribution to Ch. 35
Share of Chapter 35 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
−296.22
Exports
103.06 ₹ Cr
0.0045% share
— YoY
5.85% of Ch. 35
Imports
399.28 ₹ Cr
0.0111% share
— YoY
11.02% of Ch. 35
Balance
−368.23
Exports
82.35 ₹ Cr
0.0037% share
−20.10% YoY
5.21% of Ch. 35
Imports
450.58 ₹ Cr
0.0134% share
+12.85% YoY
11.60% of Ch. 35
Balance
−283.43
Exports
94.97 ₹ Cr
0.0044% share
+15.32% YoY
5.10% of Ch. 35
Imports
378.40 ₹ Cr
0.0130% share
−16.02% YoY
9.38% of Ch. 35
Balance
−990.55
Exports
89.82 ₹ Cr
0.0029% share
−5.42% YoY
3.30% of Ch. 35
Imports
1,080.37 ₹ Cr
0.0236% share
+185.51% YoY
17.99% of Ch. 35
Balance
−853.37
Exports
266.88 ₹ Cr
0.0074% share
+197.13% YoY
7.39% of Ch. 35
Imports
1,120.25 ₹ Cr
0.0195% share
+3.69% YoY
16.24% of Ch. 35
Balance
−1,020.31
Exports
173.06 ₹ Cr
0.0048% share
−35.15% YoY
5.53% of Ch. 35
Imports
1,193.37 ₹ Cr
0.0212% share
+6.53% YoY
16.88% of Ch. 35
Balance
−1,425.99
Exports
155.10 ₹ Cr
0.0042% share
−10.38% YoY
4.62% of Ch. 35
Imports
1,581.09 ₹ Cr
0.0259% share
+32.49% YoY
19.19% of Ch. 35
CAGR · 7-Year
Exports
7.05% /yr
Imports
25.78% /yr
reference, FY 2024-25
Export
₹3,357.86 Cr
Import
₹8,238.26 Cr
Trade Balance
−4,880.40
India's exports under HSN Sub-Chapter 3502 have grown at a compound annual rate of 7.05% over 7 fiscal years, rising from ₹103.06 Crore in FY 2018-19 to ₹155.10 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3502 ranks #757 out of 1233 subchapters by total export value. Within Chapter 35, it ranks #7 of 7. By trade surplus, it ranks #995 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3502 was recorded in FY 2022-23, when exports surged by 197.13% over the prior year.
In FY 2024-25, India's imports of ₹1,581.09 Cr exceeded exports of ₹155.10 Cr, resulting in a trade deficit of ₹1,425.99 Crore — ranking #995 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3502 have grown at 25.78% CAGR, reaching ₹1,581.09 Crore in FY 2024-25.
Among the 7 subchapters under Chapter 35, HSN Sub-Chapter 3502 ranks #7 by export value — accounting for 4.62% of the chapter's total exports in FY 2024-25. On the import side, it holds 19.19% share (rank #3).
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 3502 and GST compliance.
It includes Albumins & protein derivatives
Use a delivery challan for sending Albumins & protein derivatives to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Albumins & protein derivatives 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.
If your outward supply of Albumins & protein derivatives is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.