Reserve Bank of India – Press Releases

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The value of exports and imports of services during August 2023 is given in the following table.

International Trade in Services
(US$ Million)
Month Receipts (Exports) Payments (Imports)
April – 2023 25,781
(7.2)
13,959
(-0.7)
May – 2023 26,997
(7.4)
15,881
(4.5)
June – 2023 27,796
(3.3)
15,609
(-1.0)
July – 2023 26,228
(8.1)
13,754
(-2.2)
August – 2023 28,719
(8.4)
15,103
(-0.8)
Notes: (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2023-24 released on September 28, 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: 2023-2024/1035



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