Page 41 - Ukraine OUTLOOK 2025
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 Month
January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024
Ukraine's monthly retail trade turnover Retail Trade Turnover (UAH billion)
100.5 105.2 110.8 115.3 120.7 125.9 130.4 135.1 140.3 145.6 150.2 155.8 160.5 165.1 170.3 175.6 180.2 185.5
These figures are based on data from the State Statistics Service of Ukraine.
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Ukrainian IT exports may have declined by 6% in 2024. The decline in exports of Ukrainian IT services has continued. Even under an optimistic scenario, by the end of 2024, the decrease in volume will be at least 4% compared to last year, and this figure could reach 6%, according to a study by the Lviv IT Cluster.
In the end, the industry should expect $6.3-6.45bn in export revenue. This means that in 2024, the technology industry will not demonstrate growth over the previous year for the second consecutive year.
However, despite the war's challenges, the IT sector remains Ukraine's largest exporter of services; computer services account for 38% of total volume in the segment. In addition, the industry ranks second in the overall structure of Ukrainian exports after food.
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