Azerkosmos exported $19.8 million worth of services to 48 countries

In January-December 2023, the Space Agency of the Republic of Azerbaijan ("Azerkosmos") exported telecommunications services worth 19.8 million US dollars
Satellite telecommunication services and optical satellite services, which are considered new generation service exports, have an important role in diversifying service exports. In January-December 2023, the Space Agency of the Republic of Azerbaijan (Azerkosmos) exported satellite telecommunication services worth 19.8 million US dollars to 48 countries of the world. Azerkosmos' income from service export made up 78 percent of its total income. In December 2023, "Azerkosmos" exported services worth 1.8 million US dollars to 45 countries of the world. The top five satellite telecommunication services exports during January-December 2023 are the United Kingdom with 5.8 million US dollars, Luxembourg with 4.1 million US dollars, the UAE with 1.6 million US dollars, Germany with 1 million US dollars and 724 Nigeria settled with 9 thousand US dollars