Ukrainian IT export volumes fell by 5% in six months. This is a difference of $170M compared to the first half of last year. Experts predict that the decline will continue even under an optimistic scenario, according to industry experts. “The trend... #ITexport #LvivITcluster #UkraineExport #UkraineITexport #USA
IT exports in May exceeded the April figure by $15M. In May, IT exports from Ukraine amounted to $560M, which is $15M more than in April 2024. At the same time, in May 2023 this indicator was one of the highest for the entire year, with $590M. In additi... #Intellias #ITexport #LvivITcluster #UkraineITexport #UkrainianITcompany
IT experts expect a 5-10% drop in the industry’s exports this year. Lviv IT cluster CEO Stepan Veselovskyi stated: “Ukraine may lose competitive advantages over other countries in the field of innovative technologies.” He said that despite the modest posit... #ITindustry #LvivITcluster #StepanVeselovskyi #UkraineITexport
Analysts and market participants provide a forecast for the development of Ukraine’s IT sector in 2024. Last year, for the first time in history, the Ukrainian IT industry has experienced a reduction in the volume of its service exports, to $6.7B, which is 8.5% or $622M less than the figure for 2022. Am... #EPAM #ITservices #KharkivITcluster #UkraineITexport #UkrainianITcompany
Ukrainian IT exports began to grow at the end of the year. According to the NBU, in November 2023 Ukrainian IT companies exported services worth $564M, $35M more than in October, and $43M more than in September 2023. However, compared to November 2022 ($580M)... #ITexport #UkraineEconomy #UkraineITexport #UkrainianITcompany
The share of IT exports exceeds pre-war indicators by about 3%. IT services account for 40% of Ukrainian service exports. For comparison, the share of IT export services was almost 45% in 2022 and 37% in 2021, according to the Prime Minister of Ukraine, Denys Shmy... #DenysShmyhal #DiiaSummitkyiv #ITexport #TechUkraine #UkraineITexport #UkrainianITcompany
The war has stopped the rapid growth of Ukrainian IT service exports. According to YouControl analysts, IT activity peaked on the eve of the Russian invasion in the fourth quarter of 2021, when $2.1B was brought into the country. Since then, the average IT export volume... #EPAMukraine #GlobalLogic #LuxoftSolutions #UkraineITexport #UkrainianITcompany
Ukraine presented the IT sector’s potential at the largest tech conference in Scandinavia. On May 3-4, Sweden held the Nordic countries’ largest technology conference – the Stockholm Tech Show 2023. The event gathered thousands of buyers, investors, developers, and technological innov... #ITsectorinUkraine #StockholmTechShow2023 #UkraineITexport
IT was the only export sector that showed growth in 2022. For the last 11 months of 2022, the export of goods and services fell by 29% – from $73.2B to $52.2B. The export of goods decreased the most, by 34%, and though it also declined, the export of s... #ExportITservices #ExportUkraine #UkraineITexport
Ukraine increased IT exports by 8.4% in November. In November 2022, the IT services export turnover increased by 8.4% and brought in $45M more than in October. At the same time, when compared with 2021, the volume of exports in November was still 14%... #UkraineITexport #UkrainianITcompany
The export of IT services during the year has exceeded $6B. Over the first ten months of the year, the export of IT services grew by 9.9% and brought in more than $6B, surpassing the 2021 figure by $542M, according to data from the National Bank. At the same t... #ITsectorinUkraine #UkraineITexport #UkrainianExport
The export share of IT services in 2021 increased by 4.8%. According to the Executive Director of the IT Ukraine Association, Kostiantyn Vasyuk, the volume of Ukrainian IT exports in 2021 was $6.8B (in 2020 it was $5B). At the same time, the share of IT in th... #ITexport #IToutsourcing #UkraineITexport #UkrainianITcompany
