Consistent Export Growth: 21.63% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7019 have grown at a compound annual rate of 21.63% over 7 fiscal years, rising from ₹463.98 Crore in FY 2018-19 to ₹1,502.17 Crore in FY 2024-25.
HSN Sub Chapter 7019 represents Glass Fibres under GST classification. This code helps businesses identify Glass Fibres correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Glass Fibres.
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GST Rate for Glass Fibres under HSN Code 7019. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Glass Fibres.
Tariff HSN
Description
Slivers, rovings, yarn and chopped strands and mats thereof: Chopped strands, of a length of not more than 50 mm
Tariff HSN
Description
Slivers, rovings, yarn and chopped strands and mats thereof: Rovings
Tariff HSN
Description
Slivers, rovings, yarn and chopped strands and mats thereof: Other yarn, slivers
Tariff HSN
Description
Slivers, rovings, yarn and chopped strands and mats thereof: Mechanically bonded mats
Tariff HSN
Description
Slivers, rovings, yarn and chopped strands and mats thereof: Chemically bonded mats
Tariff HSN
Description
Slivers, rovings, yarn and chopped strands and mats thereof: Other
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - thin sheets (voiles), webs, mats, mattresses, boards and similar non-woven products : mats
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - thin sheets (voiles), webs, mats, mattresses, boards and similar non-woven products : thin sheets (voiles)
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - thin sheets (voiles), webs, mats, mattresses, boards and similar non-woven products : other
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - woven fabrics of rovings
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other woven fabrics : of a width not exceeding 30 cm
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other woven fabrics : of a width exceeding 30 cm, plain weave, weighing less than 250 g/sq. metre, of filaments measuring per single yarn not more than 136 tex
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other woven fabrics : other
Tariff HSN
Description
Mechanically bonded fabrics: Closed woven fabrics of rovings
Tariff HSN
Description
Mechanically bonded fabrics: Other closed fabrics of rovings
Tariff HSN
Description
Mechanically bonded fabrics: Closed woven fabrics, plain weave, of yarns, not coated or laminated
Tariff HSN
Description
Mechanically bonded fabrics: Closed woven fabrics, plain weave, of yarns, coated or laminated
Tariff HSN
Description
Mechanically bonded fabrics: Open woven fabrics of a width not exceeding 30 cm
Tariff HSN
Description
Mechanically bonded fabrics: Open woven fabrics of a width exceeding 30 cm
Tariff HSN
Description
Mechanically bonded fabrics: Other
Tariff HSN
Description
Chemically bonded fabrics: Veils (thin sheets)
Tariff HSN
Description
Chemically bonded fabrics: Other closed fabrics
Tariff HSN
Description
Chemically bonded fabrics: Other open fabrics
Tariff HSN
Description
Glass wool and articles of glass wool
Tariff HSN
Description
Other
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other: glass wool or glass fibre
Tariff HSN
Description
Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other: other
India’s Exports
FY 2024-25₹1,502 Cr
0.0406% of India’s total exports
India’s Imports
FY 2024-25₹3,466 Cr
0.0568% of India’s total imports
Trade Balance
FY 2024-25−₹1,964 Cr
Surplus rank #1027 of 1233 subchapters
% of Chapter 70
FY 2024-2515.54%
Share of Chapter 70’s total exports in FY 2024-25
Import side: 18.62% of Chapter 70’s imports
Rank Within Chapter 70
FY 2024-25#2 of 19
Position by export value among subchapters in Chapter 70
Import-side rank: #2 of 19
At a glance
21.63%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#318
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+58.28%
Peak Growth Year
FY 2019-20 · strongest single-year move
15.54%
Contribution to Ch. 70
Share of Chapter 70 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
−1,681.64
Exports
463.98 ₹ Cr
0.0202% share
— YoY
6.97% of Ch. 70
Imports
2,145.62 ₹ Cr
0.0597% share
— YoY
22.65% of Ch. 70
Balance
−1,108.68
Exports
734.41 ₹ Cr
0.0333% share
+58.28% YoY
12.36% of Ch. 70
Imports
1,843.09 ₹ Cr
0.0549% share
−14.10% YoY
21.29% of Ch. 70
Balance
−867.68
Exports
877.50 ₹ Cr
0.0408% share
+19.48% YoY
14.26% of Ch. 70
Imports
1,745.18 ₹ Cr
0.0599% share
−5.31% YoY
23.40% of Ch. 70
Balance
−1,468.12
Exports
1,270.03 ₹ Cr
0.0405% share
+44.73% YoY
16.02% of Ch. 70
Imports
2,738.15 ₹ Cr
0.0599% share
+56.90% YoY
25.80% of Ch. 70
Balance
−1,998.13
Exports
1,442.14 ₹ Cr
0.0398% share
+13.55% YoY
17.15% of Ch. 70
Imports
3,440.27 ₹ Cr
0.0598% share
+25.64% YoY
24.45% of Ch. 70
Balance
−1,536.41
Exports
1,475.39 ₹ Cr
0.0408% share
+2.31% YoY
16.13% of Ch. 70
Imports
3,011.80 ₹ Cr
0.0536% share
−12.45% YoY
20.39% of Ch. 70
Balance
−1,963.95
Exports
1,502.17 ₹ Cr
0.0406% share
+1.82% YoY
15.54% of Ch. 70
Imports
3,466.12 ₹ Cr
0.0568% share
+15.08% YoY
18.62% of Ch. 70
CAGR · 7-Year
Exports
21.63% /yr
Imports
8.32% /yr
reference, FY 2024-25
Export
₹9,665.87 Cr
Import
₹18,611.36 Cr
Trade Balance
−8,945.49
India's exports under HSN Sub-Chapter 7019 have grown at a compound annual rate of 21.63% over 7 fiscal years, rising from ₹463.98 Crore in FY 2018-19 to ₹1,502.17 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7019 ranks #318 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #2 of 19. By trade surplus, it ranks #1027 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7019 was recorded in FY 2019-20, when exports surged by 58.28% over the prior year.
In FY 2024-25, India's imports of ₹3,466.12 Cr exceeded exports of ₹1,502.17 Cr, resulting in a trade deficit of ₹1,963.95 Crore — ranking #1027 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7019 have grown at 8.32% CAGR, reaching ₹3,466.12 Crore in FY 2024-25.
Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7019 ranks #2 by export value — accounting for 15.54% of the chapter's total exports in FY 2024-25. On the import side, it holds 18.62% share (rank #2).
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 7019 and GST compliance.
It includes Glass Fibres
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.
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Glass Fibres 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Glass Fibres are forward charge. Check the current notifications for any special cases before deciding.