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What has “Azərkosmos” sold to Luxembourg?

What has “Azərkosmos” sold to Luxembourg?

Economy

Today, 14:24

In January-February 2026, non-oil sector goods worth 149.1 million US dollars were exported to the Russian Federation, 83.4 million US dollars to Turkey, 77.2 million US dollars to Georgia, 67.7 million US dollars to Switzerland, and 29 million US dollars to Ukraine.

Modern.az reports that this information is reflected in the March issue of the “Export Review” for 2026 by the Center for Analysis of Economic Reforms and Communication (CAERC).

According to the information, in February 2026, non-oil sector goods worth 72.1 million US dollars were exported to the Russian Federation, 52 million US dollars to Turkey, 45.6 million US dollars to Georgia, 29.1 million US dollars to Switzerland, and 13.9 million US dollars to Kazakhstan.

Additionally, the following companies were represented in the top ten of the rating of non-state exporting entities prepared for January - February 2026: Representative Office of "Azerbaijan International Mining Company Limited" in the Republic of Azerbaijan,“AGRARCO” LLC, "Prime Cotton” LLC,"Azerbaijan Sugar Production Association" LLC, "Baku Steel Company" CJSC, "PRİME LM" Limited Liability Company ,"P-AQRO" LLC,"KHAN-EL" LLC, "MORS TRADİNG" LLC,"STP ALÜMİNİUM" LLC.

“AzerGold” CJSC leads the list of state-owned companies participating in non-oil sector export operations. The following companies are then represented in this list:  "SOCAR POLYMER" LLC,"AZERALUMINIUM" LLC, "Marketing and Economic Operations" Department of the State Oil Company of the Republic of Azerbaijan, "Azerpambiq Agro-Industrial Complex" LLC, Gas Export Department of the State Oil Company of the Republic of Azerbaijan, "Socar Cape" LLC, "Sanayecihaz" R&D Center, "Istisu" Mineral Water Plant" Limited Liability Company,"Garadagh Glass Plant" OJSC.

 In January - February 2026, the Space Agency of the Republic of Azerbaijan (Azercosmos) exported satellite telecommunication services worth 3 million US dollars to 32 countries worldwide. The revenue obtained by “Azercosmos” from service exports constituted 65% of its total revenues.

During the reporting period, the top five countries for satellite telecommunication service exports were the United Kingdom with 710.4 thousand US dollars, Luxembourg with 545.4 thousand US dollars, Sweden with 374.4 thousand US dollars, Turkey with 162 thousand US dollars, and Pakistan with 152.5 thousand US dollars.

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