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Monthly Data on India’s International Trade in Services for the Month of November 2023

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

International Trade in Services

(US$ Million)

Month

Receipts (Exports)

Payments (Imports)

July – 2023

26,224

(8.1)

13,743

(-2.3)

August – 2023

28,714

(8.4)

15,091

(-0.9)

September – 2023

28,424

(-2.7)

14,577

(-10.4)

October – 2023

28,025

(10.8)

13,459

(-0.4)

November – 2023

28,085

(4.3)

13,677

(-11.1)

Notes: (i) Data for October-November are provisional while those for July-September are revised on pro-rata basis using balance of payments statistics of Q2:2023-24 released on December 26, 2023; 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              
Director (Communications)

Press Release: 2023-2024/1596    

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