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Monthly Data on India’s International Trade in Services for the Month of May 2022

The value of exports and imports of services during May 2022 is given in the following Table.

International Trade in Services
(US$ Million)
Month Receipts (Exports) Payments (Imports)
January – 2022 21,625
(24.5)
13,237
(34.0)
February – 2022 21,302
(19.4)
12,971
(25.0)
March – 2022 26,948
(29.6)
15,348
(25.2)
April – 2022 22,594
(25.1)
14,052
(46.1)
May – 2022 23,606
(32.2)
15,195
(52.7)
Notes: i) Data for April-May are provisional while those for January-March are revised on pro-rata basis using balance of payments data of Q4:2021-22 released on June 22, 2022; 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.

Monthly data for April-May are provisional and are likely to undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis.

Rupambara           
Director (Communications)

Press Release: 2022-2023/462

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