Exports of Ukrainian IT services in January–August 2026 increased by 4% compared to the same period last year—to $4.46 billion, according to data from the National Bank of Ukraine analyzed by Experts Club.
In terms of foreign exchange revenue, the sector has effectively returned to the levels seen in the corresponding period of 2023, though it has not yet reached the peak figures of 2022.
In January–August 2022, the volume of IT exports was approximately 9% higher than the current figure.
Thus, the trend of recent years can be divided into two periods: after a record-breaking 2022, Ukrainian IT exports began to decline, and in 2026, they are once again showing growth.
The importance of IT for the entire Ukrainian services sector remains particularly significant. In the first eight months of 2026, Ukraine exported services worth $10.9 billion, which is approximately 6% higher than the figure for the same period last year.
IT accounted for 41% of this total—that is, more than $4 out of every $10 Ukraine earned from service exports.
The sector’s share of total foreign trade also remains significant. Total exports of goods and services for January–August amounted to $35.8 billion, of which $4.46 billion came from IT companies and specialists.
As a result, the IT sector accounts for about 12% of the country’s total exports—roughly one in every eight dollars of export revenue.
If current growth rates continue, the sector could end 2026 with its best performance in several years; however, growth rates will need to accelerate to return to the record levels seen in 2022.
Data source: National Bank of Ukraine.
