India's services export surges 36.1% in April 2018

Services trade surplus improves 17.0% in April 2018

As per the data released by the Reserve Bank of India, India's services exports increased 36.1% to US$ 17.56 billion in April 2018 over April 2017. Meanwhile, India's services imports jumped 51.1% to US$ 10.92 billion in April 2018.

India's services trade surplus improved 17.0% to US$ 6.65 billion in April 2018 from US$ 5.68 billion in April 2017.

India's services trade surplus improved 6.6% to US$ 69.55 billion in April-March FY2018 over a year ago, with 8.8% rise in services exports to US$ 174.76 billion. India's services imports rose 10.2% to US$ 105.21 billion in April-March 2018.

 

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