This marks a slight decrease against a USD 2.9 billion surplus seen in 2016.
The total export value during the reviewed period was USD 193.75 billion and that of imports was USD 190.99 billion, up 21.1 percent and 21 percent year-on-year, respectively.
The ministry said that agriculture and seafood exports during this period rose 16.9 percent year on year to reach USD 23.5 billion, accounting for12.1 percent of total export turnover.
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| Vietnam recorded a trade surplus of USD 2.76 billion in the first 11 months of the year. (Photo for illustration) |
Export of crude oil, coal, petrol and minerals is estimated at USD 3.94 billion, up 26.4 percent year-on-year, accounting for 2.0 percent of total export turnover.
The export of processed goods reached USD 157.3 billion, up 22.4 percent over the same period last year, accounting for 81.2 percent of total export turnover.
Asia has emerged the main importer of Vietnamese goods, with a year-on-year increase of 30.8 percent, accounting for 52.1 percent of total exports.
It estimates that import turnover in the first 11 months of 2017 increased by a significant 21 percent year-on-year.
Asia was also the biggest supplier of goods, with Vietnamese imports from this market rising strongly by 22.2 percent year-on-year, accounting for 81 percent of total import turnover.
The ministry says that Vietnam’s total export turnover in 2017 is expected to reach the highest level since 2011, far exceeding the USD 202 billion target set for the year. The annual export figure is estimated at USD 210 billion, an increase of 20 percent compared over 2016.
Source: VNA