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Ukraine increased IT exports by 8.4% in November.

Ukraine IT exports

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% lower than in that year, says analysts from the Lviv IT cluster. It is noted that in November, the export of computer services still accounted for almost half of the total export of services – 44.3%. This is 5.4% more than in 2021. In general, for 11 months of 2022, the share of IT exports is 45.3%, which is 7.9% more than for the same period of 2021. In addition, for January-November 2022, the export of IT services grew by 7.3% and brought in more than $6.5B, exceeding the figure for 2021 by $447M. At the same time, the total export turnover for all services during this period decreased by 11.5% compared to 2021.

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