Services exports were at $14.32 billion in March 2014.
Import of services during the month also fell by 7.3 per cent to $7.87 billion, as against $8.5 billion in the same month of 2014, according to the RBI data released today.
Taking into account individual monthly data of services exports and imports, during 2014-15 total exports were at $160.51 billion, while imports were at $91.56 billion.
Services exports in 2014-15 were down by 4 per cent compared to $167.01 billion in 2013-14.
However, services imports rose by 3.8 per cent in 2014-15 compared to $88.19 billion in 2013-14.
The RBI data are provisional and undergoes revision when Balance of Payments (BoP) data are released.
The services sector contributes about 60 per cent to country's gross domestic product.
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