India’s services trade surplus declined 0.7% to US$ 6.52 billion in November 2019
As per the data released by the Reserve Bank of India, India’s services exports increased 7.9% to US$ 18.00 billion in November 2019 over November 2018. Meanwhile, India’s services imports jumped 13.5% to US$ 11.47 billion in November 2019.
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India’s services trade surplus declined 0.7% to US$ 6.52 billion in November 2019 from US$ 6.57 billion in November 2018.
India’s services trade surplus improved 0.3% to US$ 51.93 billion in April-November 2019 over a year ago, with 8.4% rise in services exports to US$ 145.85 billion. India’s services imports moved up 13.5% to US$ 93.92 billion in April-November 2019.
Source: Business Standard
