Thursday, May 2
Ukrainian IT exports began to grow at the end of the year.
Thursday, January 4, 2024
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), the volume of IT exports decreased by $16M, or by 2.8%. Also, this amount is $111M less than in November 2021 but $117M more than in November 2020.
Among the countries that provided the most revenue are the US, Malta, and the UK.
At the same time, in 11 months of 2023, the export of IT services from Ukraine amounted to $6.1B, which is 7.3% or $482M less than in the same period of 2022.
As a reminder, Ukrainian IT exports reached a record $7.34B in 2022. Also, the IT industry paid ₴32.2B in taxes to Ukraine’s budget, and export volume increased by $400M compared to the pre-war year of 2021.
