India’s Services Exports Rise to $39.3 Billion in September 2026

India’s services exports increased to US$ 39.31 billion in September 2026, compared with US$ 35.47 billion in August 2026, according to the latest data released on October 30, 2026. Services exports refer to the money India earns by providing services to other countries, including IT services, consulting, financial services and other business services.

The value of services exports rose by 7.2% in September 2026 compared with the same month last year. In August, exports had recorded year-on-year growth of 13.7%. This indicates that exports continued to grow annually, although the growth rate was lower than in the previous month.

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India’s services imports, which represent payments made for services received from other countries, stood at US$ 20.10 billion in September 2026. This was higher than US$ 18.93 billion in August 2026. Services imports grew by 12.6% compared with September 2025, while the year-on-year growth rate in August was 21.4%.

India recorded a services trade surplus of around US$ 19.21 billion in September 2026. This means the country earned about US$ 19.21 billion more from exporting services than it spent on importing them. The surplus was higher than the approximately US$ 16.54 billion recorded in August 2026, reflecting the stronger rise in exports during September.

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The data for July to September 2026 is provisional. The growth figures shown in the official table are year-on-year comparisons with the corresponding months of the previous year and have been revised based on balance of payments statistics.

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