In March 2025, Ukrainian IT companies exported services worth $545 million, which is $10 million (+2%) more than in February. However, this figure is still lower than the March 2024 result.
According to data from the National Bank of Ukraine (NBU), the total amount of IT exports for the first three months of 2025 amounts to $1.569 billion, as reported by DOU.
In March 2022, Ukraine's IT services exports stood at $521 million. A year later, this figure rose to $600 million, and in 2024 — $565 million.
It’s worth noting that January 2025 recorded the lowest IT export volume since the beginning of the full-scale invasion — $489 million.
Overall, in 2024, IT export volumes declined by 4%, marking the second consecutive year of decline.
According to the Digital Tiger study, the largest importers of IT services from Ukraine are the United States (37.2%) and the United Kingdom (8.8%). They are followed by Malta, Cyprus, Israel, Switzerland, Germany, Poland, Estonia, and the UAE.
