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Monthly Data on India’s International Trade in Services for the Month of May 2024

The value of exports and imports of services during May 2024 is given in the following table.

International Trade in Services

(US$ million)

Month

Receipts (Exports)

Payments (Imports)

January – 2024

31,009
(10.7)

14,842
(0.1)

February – 2024

28,335
(3.4)

15,231
(1.7)

March – 2024

30,014
(-1.4)

16,599
(-2.1)

April – 2024

30,332
(17.7)

16,631
(19.1)

May – 2024

29,764
(10.3)

16,744
(5.4)

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 Q4:2023-24; and
(ii) Figures in parentheses 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            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/587

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