The second best month of the year: in October, IT exports increased by 1.6%
In October 2025, the volume of IT exports increased by 1.6% compared to September and by 6.4% more than last year.
In October 2025, the volume of IT exports increased by 1.6% compared to September and by 6.4% more than last year.
According to the NBU, in October, IT companies exported services worth $566 million. This brought $9 million more to the Ukrainian economy compared to September, reports Lviv IT Cluster.
In addition, this figure is $34 million higher compared to October 2024.
In total, for the 10 months of this year, the total export revenue of IT services amounted to $5.4 billion. This is 2.2% more than for the same period in 2024, which in dollar terms is $118 million.
"For the second month in a row, we have been observing positive dynamics in the industry. October became the second best month this year, second only to April. According to the results of 2024, the export of IT services amounted to $6.45 billion with a total turnover of the sector of $7.48 billion. Currently, according to our forecasts, 2025 should end at least at the level of last year's exports. And if the current positive dynamics continue, we can expect an increase in indicators - from 1% to 2%," notes Stepan Veselovsky, CEO of the Lviv IT Cluster.
Total export revenue of all services of Ukraine in October 2025 amounted to $1.36 billion, which is $20 million or 1.5% more compared to September.
In September, Ukrainian IT companies exported services worth $557 million. This is the second highest figure of the year
In September, Ukrainian IT companies exported services worth $557 million. This is the second highest figure of the year
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