During January-October 2024, Ukraine earned $46.35 billion from exports. The vast majority of what was earned — 70% or $32.25 billion — accounted for goods. Less than a third, or $14.09 billion, is the export of services, where the share of IT prevails.
During January-October 2024, Ukraine earned $46.35 billion from exports. The vast majority of what was earned — 70% or $32.25 billion — accounted for goods. Less than a third, or $14.09 billion, is the export of services, where the share of IT prevails.
Despite the gradual growth, the total volume of exports is 29% lower compared to 2021 — then it amounted to $65.15 billion, Opendatabot reports .
The export of services amounted to $14.09 billion this year. This is 4% more than last year, but the same percentage less until 2021.
The share of the IT sector among all services was 37,7%. The amount earned by Ukrainian IT workers decreased by 4,4% over the year and amounts to UAH 5.31 billion.
This year, IT exports brought in $530 million per month. For comparison, last year this indicator was at the level of $555 million. The most profitable year for IT exports was 2022 — $600 million.
44% of all exports of Ukraine this year are food products and raw materials for their production. This is 14% more than last year. Mostly, it is about the agricultural sector.
The export of metals also increased by 14% over the year: up to UAH 3.78 billion. Currently, this sector accounts for 8% of all Ukrainian exports.
In general, the volume of exported goods increased by 12,7% compared to last year. However, this is still 1.6 times less than in 2021.
We will remind that in six months of 2024, Ukraine exported IT services worth $3.21 billion .
