India's services export in November 2012 stood at $12.03 billion, down 2.5 per cent from a month ago, data from the Reserve Bank of India (RBI) showed today.
The total export from services in October was at $12.35 billion, as per the RBI data.
Imports of services also fell down slightly to $6.62 billion in November from $6.70 billion in the previous month.
The services sector contributes about 55 per cent to the country's gross domestic product. During April-November of fiscal year 2012-13, the cumulative services receipt or exports has amounted to $92.12 billion.
Services outgo or imports stood at $53.06 billion during this period of the fiscal year.
The Reserve Bank releases the provisional aggregate monthly data on India's international trade in services with a lag of 45 days.
The monthly data on services are provisional and would undergo revision when the balance of payments (BoP) data are released on a quarterly basis.
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