The value of exports and imports of services during August 2023 is given in the following table. International Trade in Services | (US$ Million) | Month | Receipts (Exports) | Payments (Imports) | April – 2023 | 25,781 (7.2) | 13,959 (-0.7) | May – 2023 | 26,997 (7.4) | 15,881 (4.5) | June – 2023 | 27,796 (3.3) | 15,609 (-1.0) | July – 2023 | 26,228 (8.1) | 13,754 (-2.2) | August – 2023 | 28,719 (8.4) | 15,103 (-0.8) | Notes: (i) Data for July-August are provisional while those for April-June are revised on pro-rata basis using balance of payments statistics of Q1:2023-24 released on September 28, 2023; 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. | Ajit Prasad Director (Communications) Press Release: 2023-2024/1035 | |