The value of exports and imports of services during May 2022 is given in the following Table. International Trade in Services | (US$ Million) | Month | Receipts (Exports) | Payments (Imports) | January – 2022 | 21,625 (24.5) | 13,237 (34.0) | February – 2022 | 21,302 (19.4) | 12,971 (25.0) | March – 2022 | 26,948 (29.6) | 15,348 (25.2) | April – 2022 | 22,594 (25.1) | 14,052 (46.1) | May – 2022 | 23,606 (32.2) | 15,195 (52.7) | Notes: i) Data for April-May are provisional while those for January-March are revised on pro-rata basis using balance of payments data of Q4:2021-22 released on June 22, 2022; 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. | Monthly data for April-May are provisional and are likely to undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis. Rupambara Director (Communications) Press Release: 2022-2023/462 | |