Azercosmos' income from export of services drops

In January-November 2023, the Space Agency of the Republic of Azerbaijan (Azercosmos) under the Ministry of Digital Development and Transport exported satellite telecommunications services worth $18 million to 48 countries.

The December issue of the Export Review of the Center for Analysis of Economic Reforms and Communications, Report says.

Under the document, this are 7 countries more, and $6 million (25%) less than in the same period last year.

Azercosmos' income from the export of services for 11 months amounted to 78% of total income.

In November alone, Azercosmos exported services to 44 countries worth $1.8 million, which is 10 countries and $0.5 million (21.7%) less than in the same month last year.