Services export rises 3.2% in July 2017

Services trade surplus improves 8.9% to US$ 5.84 billion in July 2017

As per the data released by the Reserve Bank of India, India's services exports increased 3.2% to US$ 13.18 billion in July 2017 over July 2016. Meanwhile, India's services imports declined 1.0% to US$ 7.33 billion in July 2017.

India's services trade surplus improved 8.9% to US$ 5.84 billion in July 2017 from US$ 5.37 billion in July 2016.

India's services trade surplus improved 7.9% to US$ 23.27 billion in April-July FY2017 over a year ago, with 4.1% dip in services imports to US$ 29.63 billion. India's services exports rose mere 0.8% to US$ 52.90 billion in April-July 2017.

 

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