01/09/2026
A July lift for services exports | India's services exports rose 13.4 per cent year-on-year to USD 38.25 billion in July 2026, according to data released by the Reserve Bank of India (RBI). Services imports also increased during the month, rising 19.1 per cent from a year earlier to USD 20.61 billion, the data showed. The rise in imports was therefore faster than the growth in services exports during July. Based on the RBI data, India recorded a services trade surplus of about USD 17.65 billion during the month.