Azercosmos posts 38% growth in its export revenues

In January-May 2022, Azercosmos OJSC exported services (telecom and optical services) worth $10.8 million to 33 countries, which is $6.5 million or 37.7% more compared to the same period last year, Report says referring to the Center for Analysis of Economic Reforms and Communications.

Revenues from the export of services in the reporting period made up 87% of its total profits.

The leading countries that use the resources of Azеrcosmos are the UK ($2.8 million), France ($2.2 million), the US ($1.8 million), Luxembourg ($1.8 million) and Pakistan ($0.6 million).