Despite the war IT Industry breaks the record in export volume


Despite the war IT Industry breaks the record in export volume

The Ukrainian #IT #industry in the first quarter of 2022 provided USD 2 billion in #export earnings, according to data from the Balance of Payments published by the NBU. That is, despite the war, exports of computer services increased by 38.5% compared to the 1st quarter of 2021 (USD 1.4 billion).

➖ In addition, in February, exports reached USD 839 million (+75% increase compared to February 2021), a record volume for the month in the history of the Ukrainian IT market. In March 2022, export earnings almost remained at the previous year level (USD 522 million).

➖ According to the IT Ukraine Association, 77% of IT companies attracted new customers during the war, and more than half of the companies expect growth of 5-30%.

🔹 All this testifies to the resilience and adaptability of the IT industry and the high level of professionalism of employees, because the work is going on during intense hostilities, the constant danger of air attacks and stress.

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