Ukraine’s IT Exports Rise to $545M in March
In March 2025, Ukraine’s IT service exports amounted to $545 million — an increase compared to February ($535 million) and January ($489 million).
- However, the figure still falls short of previous years: in March 2024, exports reached $565 million, and in March 2023 — $600 million.
- In total, Ukraine exported $1.57 billion worth of IT services in the first quarter of 2025. That’s 1.3% (or $21 million) less than in Q1 2024 and 5.9% (or $99 million) less than in Q4 2024.
«Despite a slight increase in March compared to January and February, the first quarter shows an overall decline in IT services exports year-over-year. This suggests the market isn’t collapsing but continues to operate in a mode of cautious stabilization,» said Stepan Veselovskyi, CEO of Lviv IT Cluster.
Ukraine’s IT Exports Rise to $545M in March
In March 2025, Ukraine’s IT service exports amounted to $545 million — an increase compared to February ($535 million) and January ($489 million).
- However, the figure still falls short of previous years: in March 2024, exports reached $565 million, and in March 2023 — $600 million.
- In total, Ukraine exported $1.57 billion worth of IT services in the first quarter of 2025. That’s 1.3% (or $21 million) less than in Q1 2024 and 5.9% (or $99 million) less than in Q4 2024.
«Despite a slight increase in March compared to January and February, the first quarter shows an overall decline in IT services exports year-over-year. This suggests the market isn’t collapsing but continues to operate in a mode of cautious stabilization,» said Stepan Veselovskyi, CEO of Lviv IT Cluster.
