Services exports up 12% on year, record 5.78% slide on month in Jan-25

Reserve Bank of India (RBI) stated in a latest update that during January 2025, services exports came in at US$ 34.72 billion, up 12% on year while services imports rose by 12.6% (y-o-y) to US$ 16.70 billion. Exports and imports fell 5.78% and 6% respectively on monthly basis though. Net services export earnings also tanked by 5.53% on month to US$ 18.02 billion during the month.

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