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Feb exports value down 0.8%

The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 1.8% to $325.7 billion for the same period.   A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February.   Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%.   The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago.   Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance.   Looking ahead, the Gove

Comirnaty vaccine yet to arrive

The Government today said the Comirnaty vaccine jointly developed by Fosun Pharma and BioNTech cannot be shipped from Germany for arrival in Hong Kong tomorrow.   It was notified by Fosun Pharma that the export procedures for the vaccine have yet to be completed, however, the delay does not involve any issues related to the export restrictions on COVID-19 vaccines by the European Union.       The Government added that it has all along been maintaining close liaison with Fosun Pharma to strive for the vaccine’s early supply and has been actively making preparations for its arrival with a target to having the vaccine delivered to Hong Kong in late February.   Fosun Pharma confirmed that the first batch of one million doses of the Comirnaty vaccine to be supplied to Hong Kong has completed production and successfully passed the relevant safety and quality testing.   The first batch of one million doses will be delivered to Hong Kong from Germany via two flights as soon as possible.      The Government added that it will continue to actively follow up with the vaccine supplier to start the administration of the Comirnaty vaccine as soon as possible after it is delivered from BioNTech's production factory in Germany to Hong Kong.
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