Export Decline: −7.83% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3902 have declined at a compound annual rate of −7.83% over 7 fiscal years, falling from ₹6,013.99 Crore in FY 2018-19 to ₹3,686.29 Crore in FY 2024-25.
HSN Sub Chapter 3902 represents Polypropylene polymers under GST classification. This code helps businesses identify Polypropylene polymers correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3902, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Polypropylene polymers.
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GST Rate for Polypropylene polymers under HSN Code 3902. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Polypropylene polymers.
India’s Exports
FY 2024-25₹3,686 Cr
0.0995% of India’s total exports
India’s Imports
FY 2024-25₹16,020 Cr
0.2627% of India’s total imports
Trade Balance
FY 2024-25−₹12,334 Cr
Surplus rank #1162 of 1233 subchapters
% of Chapter 39
FY 2024-255.34%
Share of Chapter 39’s total exports in FY 2024-25
Import side: 8.57% of Chapter 39’s imports
Rank Within Chapter 39
FY 2024-25#6 of 26
Position by export value among subchapters in Chapter 39
Import-side rank: #4 of 26
At a glance
−7.83%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#165
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+45.19%
Peak Growth Year
FY 2020-21 · strongest single-year move
5.34%
Contribution to Ch. 39
Share of Chapter 39 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
−2,556.91
Exports
6,013.99 ₹ Cr
0.2620% share
— YoY
10.72% of Ch. 39
Imports
8,570.90 ₹ Cr
0.2387% share
— YoY
8.04% of Ch. 39
Balance
−4,812.92
Exports
3,925.23 ₹ Cr
0.1777% share
−34.73% YoY
8.02% of Ch. 39
Imports
8,738.15 ₹ Cr
0.2605% share
+1.95% YoY
8.69% of Ch. 39
Balance
−1,946.84
Exports
5,699.15 ₹ Cr
0.2650% share
+45.19% YoY
11.17% of Ch. 39
Imports
7,645.99 ₹ Cr
0.2624% share
−12.50% YoY
7.77% of Ch. 39
Balance
−7,608.65
Exports
5,548.90 ₹ Cr
0.1768% share
−2.64% YoY
8.23% of Ch. 39
Imports
13,157.55 ₹ Cr
0.2879% share
+72.08% YoY
8.83% of Ch. 39
Balance
−14,727.58
Exports
3,392.30 ₹ Cr
0.0937% share
−38.87% YoY
5.51% of Ch. 39
Imports
18,119.88 ₹ Cr
0.3151% share
+37.71% YoY
9.77% of Ch. 39
Balance
−12,711.83
Exports
3,459.22 ₹ Cr
0.0956% share
+1.97% YoY
5.66% of Ch. 39
Imports
16,171.05 ₹ Cr
0.2880% share
−10.76% YoY
8.95% of Ch. 39
Balance
−12,333.50
Exports
3,686.29 ₹ Cr
0.0995% share
+6.56% YoY
5.34% of Ch. 39
Imports
16,019.79 ₹ Cr
0.2627% share
−0.94% YoY
8.57% of Ch. 39
CAGR · 7-Year
Exports
−7.83% /yr
Imports
10.99% /yr
reference, FY 2024-25
Export
₹69,000.07 Cr
Import
₹1,86,903.34 Cr
Trade Balance
−1,17,903.27
India's exports under HSN Sub-Chapter 3902 have declined at a compound annual rate of −7.83% over 7 fiscal years, falling from ₹6,013.99 Crore in FY 2018-19 to ₹3,686.29 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3902 ranks #165 out of 1233 subchapters by total export value. Within Chapter 39, it ranks #6 of 26. By trade surplus, it ranks #1162 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3902 was recorded in FY 2020-21, when exports surged by 45.19% over the prior year.
In FY 2024-25, India's imports of ₹16,019.79 Cr exceeded exports of ₹3,686.29 Cr, resulting in a trade deficit of ₹12,333.50 Crore — ranking #1162 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3902 have grown at 10.99% CAGR, reaching ₹16,019.79 Crore in FY 2024-25.
Among the 26 subchapters under Chapter 39, HSN Sub-Chapter 3902 ranks #6 by export value — accounting for 5.34% of the chapter's total exports in FY 2024-25. On the import side, it holds 8.57% share (rank #4).
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 3902 and GST compliance.
It includes Polypropylene polymers
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.
If your outward supply of Polypropylene polymers 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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.