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CommodityWireData Alert: India services trade surplus narrows to $15.72 bln in May
Data Alert

India services trade surplus narrows to $15.72 bln in May

This story was originally published at 18:44 IST on 30 June 2026
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Informist, Tuesday, Jun. 30, 2026

 

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--RBI: India May services exports $33.36 bln
--RBI: India May services exports $33.36 bln vs $37.02 bln Apr 
--RBI: India May services exports $33.36 bln, up 2.8% on year
--RBI: India May services imports $17.64 bln vs $18.42 bln Apr
--RBI: India May services imports $17.64 bln, up 5.6% on year
--RBI: India May services surplus $15.72 bln vs $18.60 bln Apr

 

MUMBAI – India's services trade surplus narrowed to $15.72 billion in May from $18.60 billion a month earlier, according to data released by the Reserve Bank of India Tuesday. Services exports rose 2.8% on year to $33.36 billion in May, while imports rose 5.6% on year to $17.64 billion.

 

In April, services exports and imports were at $37.02 billion and $18.42 billion, respectively. The central bank releases provisional monthly data on India's services trade. The data may be revised when the balance-of-payments data for May is released by Jul. 15.  End

 

US$1 = INR 94.66

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Durgesh Nandan

Edited by Saji George Titus

 

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