Monthly Data on India’s International Trade in Services for the Month of August 2023 - RBI

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Published on October 03, 2023

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

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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