Azercosmos exported satellite services to 45 countries in 2023

Azercosmos exported satellite services to 45 countries in 2023
# 01 September 2023 10:57 (UTC +04:00)

In January-June of 2023, Azerbaijan Space Agency (Azercosmos) exported satellite telecommunication services worth USD 11,1 million to 45 countries, APA-Economics reports citing Export Review of Center for Economic Reforms Analysis and Communication.

Azercosmos' revenue from service exports made up 78% of its total revenue. And only in June, Azercosmos exported services worth USD 78 million to 40 countries.

According to the information, the income of Azercosmos from service exports made up 78 percent of its total income.

The United Kingdom (USD 3,2 mln.), Luxembourg (USD 2,4 mln), UAE (USD 613,8 thousand), Germany (USD 613,8 thousand), and Nigeria (USD 472,9 thousand) are among the top five exporters of satellite telecommunication services during January-June 2023.

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