In financial year 2022, service sector accounted for 37.2 percent of total exports in India however, the sector made up to 19.2 percent of the total imports in 2022. The share of services in the world trade had increased in the past two decades and it is one of the primary drivers of domestic growth.
Share of services in total exports and imports in India from financial year 2001 to 2022
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Ernst & Young India. (January 19, 2023). Share of services in total exports and imports in India from financial year 2001 to 2022 [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/1379519/india-share-of-services-in-total-export-and-import/
Ernst & Young India. "Share of services in total exports and imports in India from financial year 2001 to 2022." Chart. January 19, 2023. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/1379519/india-share-of-services-in-total-export-and-import/
Ernst & Young India. (2023). Share of services in total exports and imports in India from financial year 2001 to 2022. Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/1379519/india-share-of-services-in-total-export-and-import/
Ernst & Young India. "Share of Services in Total Exports and Imports in India from Financial Year 2001 to 2022." Statista, Statista Inc., 19 Jan 2023, https://www.statista.com/statistics/1379519/india-share-of-services-in-total-export-and-import/
Ernst & Young India, Share of services in total exports and imports in India from financial year 2001 to 2022 Statista, https://www.statista.com/statistics/1379519/india-share-of-services-in-total-export-and-import/ (last visited January 09, 2025)
Share of services in total exports and imports in India from financial year 2001 to 2022 [Graph], Ernst & Young India, January 19, 2023. [Online]. Available: https://www.statista.com/statistics/1379519/india-share-of-services-in-total-export-and-import/