Invisible export means export of 1) Services 2) Prohibited goods 3) Unrecorded goods 4) Goods through smuggling

In purely economic terms, any export that does not have a tangible physical presence like expertise, insurance underwriting are termed as Invisible exports. Even though physical imports exceed exports, when invisible exports were accounted for the balance of payments was healthy. Services come under Invisible export. According to the World Bank Data, India exports services worth 185 billion.