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At the beginning of the year, exports of Ukrainian IT services decreased by 25.8%.

At the beginning of the year, exports of Ukrainian IT services decreased by 25.8%.

Danylo Getmantsev Member of the Ukrainian Parliament, Chair of the Verkhovna Rada Finance Committee

09 March 2026, 15:45

At the beginning of the year, exports of Ukrainian IT services decreased by 25.8%. — Photo Facebook Danilo Getmantsev

In the first months of the year, exports of IT services from Ukraine decreased by 25.8 per cent. This decline was recorded at the beginning of the year.

In January 2026, IT services exports amounted to $508 million, which is $177 million (-25.8%) less than in December 2025 ($685 million), according to data from the National Bank of Ukraine.

At the same time, in annual dynamics – January 2025 to January 2026 – IT exports grew by $19 million (3.9%) – from $489 million to $508 million.

In January, the largest markets for Ukrainian IT exports were: the United States – $182 million, Malta – $45 million, the United Kingdom – $43 million, Cyprus – $39 million, and Switzerland – $21 million. A year ago, these same countries remained in the top 10 main partners of Ukrainian IT companies.

The 25.8% decline in IT exports at the beginning of 2026 compared to December can be considered a seasonal factor. The fact is that a similar pattern was observed in January 2025: at that time, IT services exports fell by 20.6% or $127 million in one month – from $616 million to $489 million. However, the export situation levelled out over the course of the year.

Currently, IT exports account for 40.7% of Ukraine's total service exports, which reached $1.247 billion in January 2026. At the beginning of 2025, the share of computer services was 39.9%, meaning that the figure grew by 0.9% over the year.

Despite the full-scale war, Ukrainian IT companies have transformed challenges into competitive advantages. The domestic IT sector is not only maintaining its export level, but also strengthening its status as a strategic partner for the world's leading economies – the US, the EU, the UK, Israel and the UAE.

Although the industry has not yet returned to the record figures of 2022 ($7.349 billion), the results of 2025 officially confirmed a steady trend towards recovery. Exports amounted to $6.656 billion, which means an increase of +3.3% ($210 million) over the year.

The Defence City special regime will help boost the export potential of Ukrainian IT companies. It gives the tech defence industry the legal and tax framework it needs for fast R&D and entry into global markets. Thanks to the synergy between the private sector and state support, we have every reason to predict a significant increase in the share of technology exports in the coming years.

Original source: Author's Facebook page

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