Ukrainian IT exports decreased by almost 17% in January

Ukrainian IT exports decreased by almost 17% in January


In January 2024, the volume of Ukrainian IT exports decreased by 16.9% and amounted to 508 million dollars.

About this informs press service of the Lviv IT Cluster with reference to NBU data.

It is noted that this year’s indicators are 3.8% lower compared to January 2023. The January export of IT services brought the Ukrainian economy $103 million less compared to December last year.

“Ukraine’s export of IT services decreased by 8.5% last year. According to forecasts, the situation will not get any easier. January’s indicators are the worst for all months since the beginning of the full-scale invasion of Russia. Therefore, the decline of the IT industry will continue in 2024. “, – notes CEO of the Lviv IT Cluster Stepan Veselovskyi.

The total export revenue of all services of Ukraine in January this year amounted to 1.35 billion dollars, which is 247 million dollars or 15% less compared to December.

Read also: The end of the fairy tale. Salary cuts and revisions have become the norm in the Ukrainian IT industry

We will remind:

The total number of employees of the 50 largest IT companies of Ukraine during the past year decreased for 10.7 thousand people.


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