Data Alert
India services trade surplus narrows slightly to $17.65 billion July
This story was originally published at 18:26 IST on 31 August 2026
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--RBI: India Jul services exports $38.25 bln
--RBI: India Jul services imports $20.61 bln
--RBI: India Jul services exports $38.25 bln vs $36.37 bln Jun
--RBI: India Jul services exports $38.25 bln, up 13.4% on year
--RBI: India Jul services imports $20.61 bln vs $18.48 bln Jun
--RBI: India Jul services imports $20.61 bln, up 19.1% on year
--RBI: India Jul services surplus $17.65 bln vs $17.89 bln Jun
NEW DELHI – India's services trade surplus narrowed slightly to $17.65 billion in July from $17.89 billion in June, according to data released by the Reserve Bank of India Monday. The surplus fell from the previous month as services imports rose to a record high even as exports rose to a four-month high.
Services exports increased 13.4% on year to $38.25 billion in July, while services imports rose 19.1% on year to $20.61 billion during the month. The central bank releases provisional monthly data on India's services trade. The data is revised when the balance-of-payments data are released quarterly.
In June, services exports and imports were at $36.37 billion and $18.48 billion, respectively. In the first four months of 2026-27 (Apr-Mar), services exports have grown 10.5% to $145 billion while services imports have risen 12.5% to $75.14 billion. End
US$1 = INR 95.16
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Aaryan Khanna
Edited by Saji George Titus
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