Azercosmos sees hike in revenues from exports of services

In January-September 2023, the Space Agency (Azercosmos) under the Digital Development and Transport Ministry of Azerbaijan exported satellite telecommunications services to 46 countries (10 countries more year-on-year) for $14.4 million ($4.9 million or 25.4% less YoY), Report informs, citing the Export Review of the Center for Analysis and Communication of Economic Reforms.

The income of Azercosmos from the export of services in January-September 2023 amounted to 78% of its total income.

In September alone, Azercosmos exported services to 45 countries worth $1.8 million, which is 10 countries more and $0.3 million (14.3%) less than in the same month last year.