The Ukrainian IT sector has set record export revenues.
Wednesday, May 11, 2022

The Ukrainian IT sector has set record export revenues.

In the first quarter of 2022, the IT sector generated a record $2B in export earnings, as announced by the Chairman of the Verkhovna Rada Committee on Finance, Danylo Getmantsev. Despite the war, the mobilization of specialists and the relocation of development teams in the first quarter of 2022, resulted in the IT sector brought a record $2B in export earnings. Compared to the same period in 2021, the revenue was a little less than $1.5B. In February of this year, the sale of IT services for export set a monthly historical record of $ 839M. In March, 96% of exports of IT services were preserved as compared to March 2021.

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