India's services exports stood at $13.16 billion in February compared to $13.93 billion in January, according to the Reserve Bank of India (RBI) data.
Imports of services also declined to $6.39 billion during February from $7.27 billion in the previous month, the RBI added.
The services sector contributes about 55% to India's gross domestic product.
Services exports were worth $152.69 billion during April-February period.
Total services imports stood at $79.7 billion during the first 11 months of 2013-14 financial year.
RBI releases the provisional aggregate monthly data on India's international trade in services with a lag of 45 days.
Monthly data on services are provisional and would undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis.