Azercosmos OJSC sees 44% decline in export revenues

In January-August 2022, Azerbaijan’s Azercosmos OJSC exported services (telecom and optical services) worth $17.2 million to 36 countries, which is 5 countries and $13.6 million (44.2%) 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 August alone, the OJSC exported services to 33 countries for $2.1 million ($0.1 million or 4.55%).