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AZINNEX counts export designations of Azerbaijan's IT products

ICT Materials 25 January 2024 13:14 (UTC +04:00)
AZINNEX counts export designations of Azerbaijan's IT products
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, January 25. Azerbaijan's IT products are exported to more than 30 countries around the world, Chairman of the Azerbaijan Innovation Export Consortium (AZINNEX) Farid Kazimov said during the event on "non-tariff barriers in trade" in Baku, Trend reports.

Kazimov emphasized that the IT sector in Azerbaijan has started to actively develop in the last few years.

"There used to be a limited number of companies in Azerbaijan, but now it is increasing. At present, incentives are applied in the IT sector. The country has created new opportunities in this sphere, which increases the volume of exports. At the same time, Azerbaijani companies are moving to foreign markets, and already IT products are exported to more than 30 countries," he noted.

Meanwhile, Azerbaijan's information and communication enterprises provided services worth 3.206 billion manat from January through December 2023. This indicator increased by 16.3 percent compared to the same period in 2022.

To note, 71.8 percent of these services were rendered to the population.

During the reporting period, revenues from mobile communication services in Azerbaijan amounted to 1.158 billion manat (36.1 percent of the total revenues of the telecommunications market).

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