Table 1: Trade during August 2023*
August 2023
(USD Billion)
August 2022
Merchandise
Exports
34.48
37.02
Imports
58.64
61.88
Services*
26.39
26.50
13.86
15.22
Overall Trade
(Merchandise +Services) *
60.87
63.52
72.50
77.10
Trade Balance
-11.63
-13.58
* Note: The latest data for services sector released by RBI is for July 2023. The data for August 2023 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-August 2022 has been revised on pro-rata basis using quarterly balance of payments data.
Fig 1: Overall Trade during August 2023*
Table 2: Trade during April-August 2023*
April-August 2023
April-August 2022
172.95
196.33
271.83
309.19
133.38
126.85
71.98
74.31
Overall Trade (Merchandise+Services) *
306.33
323.19
343.81
383.50
-37.49
-60.31
Fig 2: Overall Trade during April-August 2023*
Fig 3: Merchandise Trade during August 2023
Fig 4: Merchandise Trade during April-August 2023
Table 3: Trade excluding Petroleum and Gems & Jewellery during August 2023
Non- petroleum exports
28.60
28.53
Non- petroleum imports
45.43
44.56
Non-petroleum & Non Gems & Jewellery exports
26.00
25.20
Non-petroleum & Non Gems & Jewellery imports
38.31
37.86
Note: Gems &Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 5: Trade excluding Petroleum and Gems & Jewellery during August 2023
Table 4: Trade excluding Petroleum and Gems & Jewellery during April-August 2023
141.29
152.76
203.54
220.12
128.86
135.92
174.80
186.64
Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-August 2023
SERVICES TRADE
Fig 7: Services Trade during August 2023*
Fig 8: Services Trade during April-August 2023