Business news from Ukraine

EXPORTS OF COMPUTER SERVICES FROM UKRAINE 7.5% UP IN H1, 2017 – STATISTICS

22 August , 2017  

KYIV. Aug 22 (Interfax-Ukraine) – Exports of computer services from Ukraine in the first half of 2017 increased by 7.5% compared to the same period of last year, to $588.3 million, the State Statistics Service has said on its website.
According to its data, in the first half of 2016 the figure was 13.7% higher, and in general over the past year exports of computer services from Ukraine rose by 10.9%, to $1.106 billion.
In the first quarter of this year growth from the same period last year was 9.9%, to $293 million.
According to the State Statistics Service, computer services in January-June 2017 accounted for 11.8% of the total Ukrainian exports of services.
As for imports of these services, their growth rates also declined from 3.9% in January-June 2016 to 1% in January-June 2017, while in absolute terms imports reached $83.9 million in the first half of this year.
The service recorded a negative dynamics in foreign trade in information services. If in January-June 2016 their exports increased by 5.3% with a 13.1% drop in imports, in January-June 2017 the situation changed to the exact opposite: exports decreased by 10.1%, to $120.3 million, while imports rose by 26.2%, to $39.1 million.