Azercosmos OJSC sees 47% decline in export revenues

In January-July 2022, Azerbaijan’s Azercosmos OJSC exported services (telecom and optical services) worth $15.1 million to 35 countries, which is 47.4% less than the same period last year, Report informs referring to the Center for Analysis of Economic Reforms and Communications.

Revenues from the export of services in the reporting period made up 83% of its total profits.

In July alone, the OJSC exported services to 30 countries for $2.1 million (-3.2 times).