Business news from Ukraine

Business news from Ukraine

IT Sector Accounts for Over 40% of Ukraine’s Total Service Exports — Experts Club

7 October , 2026  

The IT sector remains the largest source of export revenue in Ukraine’s service sector: in January–August 2026, computer services accounted for 41% of the country’s total service exports, according to an analysis by Experts Club based on data from the National Bank of Ukraine.

Over the eight-month period, Ukraine exported $10.9 billion in services, which is approximately 6% more than during the same period in 2025.

IT service exports reached $4.46 billion, an increase of 4% year-over-year.

This means that more than $4 out of every $10 the country earns from service exports is generated by the IT sector.

At the same time, services as a whole accounted for about 30% of Ukraine’s total exports. Exports of goods for January–August totaled $24.9 billion, while exports of goods and services combined amounted to $35.8 billion.

This ratio underscores the exceptionally high importance of IT for Ukraine’s foreign trade: a single service sector alone accounts for about 12% of the country’s total export revenue.

To compare the dynamics of the IT sector itself, the figure for the first eight months of 2026 already roughly matches the result for the same period in 2023, though it remains 9% below the record level set in 2022.

Thus, in 2026, the IT sector is simultaneously strengthening its position after several years of decline and remains a key export sector of the Ukrainian economy.

Data source: National Bank of Ukraine.

Opendatabot research based on NBU statistics

, , , ,