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Azerbaijan`s exported satellite services for over $19 million for Jan-May

30.06.2020,15:45


June 30, Fineko/abc.az. The Center for Analysis of Economic Reforms & Communications has presented June’s issue of its journal Export Review.

ABC.AZ reports that for Jan-Apr 2020 Azercosmos exported services (satellite telecommunications and optical satellite services) for $19.1 million (by 19% more versus the same term of 2019).

In an annual comparison, the number of countries to which services were exported increased up to 26.

Azercosmos' revenues from services export account for 90% of company's total revenues. The organization exported services mainly to the U.S., France, UK, the UAE, and Malaysia.