New Delhi, Aug. 31 -- 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) on Monday.

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.

In June 2026, services exports stood at USD 36.37 billion, registering a year-on-year growth of 13.3 per cent, while imports were at USD 18.48 billion, up 16.2 per cent.

On a month-on-month basis, services exports increased by a...