The value of exports and imports of services during May 2023 is given in the following table.
International Trade in Services |
(US$ Million) |
Month |
Receipts (Exports) |
Payments (Imports) |
January – 2023 |
27,999 (29.5) |
14,827 (12.0) |
February – 2023 |
27,395 (28.6) |
14,974 (15.4) |
March – 2023 |
30,439 (13.0) |
16,958 (10.5) |
April – 2023 |
25,842 (7.5) |
13,626 (-3.1) |
May – 2023 |
27,060 (7.7) |
15,502 (2.0) |
Notes: (i) Data for April-May are provisional while those for January-March are revised on pro-rata basis using balance of payments statistics of Q4:2022-23 released on June 27, 2023; and (ii) Figures in brackets are growth rates over the corresponding month of the previous year which have been revised on the basis of balance of payments statistics. |
Ajit Prasad Director (Communications)
Press Release: 2023-2024/526
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