IT services exports in May 2025 decreased by 4.22%, reaching $545 million

In May 2025, Ukraine’s IT services exports declined to $545 million, a 4.2% drop compared to the previous month, resulting in a $24 million reduction in revenue for the Ukrainian economy compared to April. 

This figure is also $15 million (or 2.7%) lower than in May 2024. 

The main partner countries for Ukraine remain the United States, the United Kingdom, Malta, Cyprus, and Israel. 

Over the first five months of 2025, the IT sector generated $2.7 billion in foreign currency revenue, a 0.4% decrease compared to the same period in 2024, equivalent to $11 million. 

Overall, Ukraine’s total export of services in May 2025 reached $1.27 billion, a $45 million or 3.4% decrease compared to April.

Reference source: http://surl.li/jadfgsdgh4hhfg

 

Read all news