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The Reserve Bank releases monthly data on India’s international trade in services with a lag of around 45 days.
The value of exports and imports of services during the month of May 2021 are given in the following Table.
| Table: International Trade in Services |
| (US$ Million) |
| Month |
Receipts (Exports) |
Payments (Imports) |
| January – 2021 |
17,365
(-5.4) |
9,877
(-9.3) |
| February – 2021 |
17,842
(4.1) |
10,380
(3.3) |
| March – 2021 |
20,797
(18.4) |
12,263
(21.5) |
| April – 2021 |
17,547
(14.1) |
9,896
(18.6) |
| May – 2021 |
17,357
(10.7) |
10,233
(14.8) |
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 Q4:2020-21 released on June 30, 2021.
(ii) Figures in brackets are growth rates over corresponding month’s data which have been revised on the basis of balance of payments statistics released on June 30, 2021. |
Monthly data on services are provisional and would undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis.
Ajit Prasad
Director
Press Release: 2021-2022/466
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