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Date : Jun 28, 2024
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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