The value of exports and imports of services during February 2024 is given in the following table.

International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) October – 2023 28,048
(10.9) 13,460
(-0.4) November – 2023 28,108
(4.4) 13,679
(-11.1) December – 2023 31,631
(1.4) 15,628
(-1.1) January – 2024 31,023
(10.8) 14,850
(0.2) February – 2024 28,348
(3.5) 15,240
(1.8) Notes: (i) Data for January-February are provisional while those for October-December are revised on pro-rata basis using balance of payments statistics of Q3:2023-24 released on March 26, 2024; 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: 2024-2025/5