Export revenues of Azerbaijan’s Azercosmos grow

Last year, Azerbaijan’s Azercosmos OJSC exported telecommunication and optical satellite services worth $45.1 million to 33 countries, a growth of six countries and $1.7 million - 4 percent- from 2019, Report informs, referring to the January issue of the Export Review of the Center for Analysis and Communication of Economic Reforms.

According to the document, export revenues of Azercosmos amounted to 90 percent of its total revenues.

In December 2020, Azercosmos exported services worth $3.8 million to 23 countries, which is one country and $0.9 million (31 percent) more than in 2019.

The United States, the UK, France, Malaysia, and the UAE became the major exporting countries of Azercosmos services in one year.