RBI Releases Service Trade Data, $13.9bn Export Recorded in May, $8bn Imports

The Reserve Bank of India today released the data on India’s International Trade in Services for May 2014. The value of exports and imports of services during May 2014 was:

Table: International Trade in Services

(US$ Million)
Month	Receipts (Exports)	Payments (Imports)
April 2014	13,632	8,058
May 2014	13,920	8,027

Note: Data are provisional.

The Reserve Bank releases provisional aggregate monthly data on India’s international trade in services with a lag of around 45 days. The data for April 2014 was released on June 13, 2014. The data being provisional would undergo revision when the Balance of Payments (BoP) data are released.

[Ref: RBI Press Release: 2014-2015/102 dated 15 July 2014]