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RBI releases Data on India’s International Trade in Services: July 2016

The Reserve Bank releases monthly data on India’s international trade in services with a lag of around 45 days.

The value of exports and imports of services during the month of July 2016 are given in the following Table.

Table: International Trade in Services
(US$ Million)
Month Receipts (Exports) Payments (Imports)
April 2016 12,908 7,183
May 2016 13,460 7,922
June 2016 13,322 8,389
July 2016 12,775 7,409
Note: Data are provisional.

Monthly data on services are provisional and would undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/680

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