Current account balance is expected to show a deficit of around $0.5 billion by the end of the current fiscal year, states Monthly Economic Update & Outlook June 2021
The exports during July–May (2020 – 2021) totalled Rs.3,615,857 million as against Rs.3,105,799 million during the corresponding period of last year showing an increase of 16.42%.
Imports were $14.23 billion, up 68.68% from last year, higher than the poll's 65% growth forecast and April's 29.93% rise. May's growth was the strongest since April, 2010.
During the period from July-April 20-21, Vegetables worth $ 277,507 thousand exported as compared to worth $ 273,383 thousand of same period of last year.
The overall exports to Italy were recorded at $629.917 million during July-April (2020-21) against exports of $642.617 million during July-April (2019-20).