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December services exports rise marginally to $12.87 billion

Services exports were worth at $12.32 billion in November. Imports of services during the month also moved up slightly to $6.73 billion from $6.12 billion in the previous month.

The services sector contributes about 55 per cent to the country's gross domestic product. During April-October period, services exports were worth $113.28 billion. Total services imports stood at $59.92
billion during the first eight months of the current financial year.

The RBI releases the provisional aggregate monthly data on India's international trade in services with a lag of 45 days.

Monthly data on services are provisional and undergo a revision when the Balance of Payments (BoP) data are released on a quarterly basis.
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