What Industries in Ukraine Are Showing the Most Growth Potential?

by Roman Cheplyk
Thursday, March 23, 2023
What Industries in Ukraine Are Showing the Most Growth Potential?

Ukraine, a country located in Eastern Europe, has seen steady growth in its economy over the past decade

The country's strategic location, abundant natural resources, and highly skilled workforce have attracted foreign investors from all over the world. In this article, we will explore the industries that are poised for growth in Ukraine in the coming years.


The Ukrainian economy has undergone significant changes since the fall of the Soviet Union. The country's GDP has grown steadily over the past decade, with a growth rate of 3.8% in 2021. This growth has been driven by several industries, including agriculture, IT, manufacturing, and tourism.


Agriculture is one of the most important industries in Ukraine, contributing to around 16% of the country's GDP. Ukraine is known for its fertile soil, which is suitable for growing a variety of crops, including grains, sunflowers, and vegetables. The country is also a major producer of meat and dairy products.


The IT industry is rapidly growing in Ukraine and is expected to continue to do so in the coming years. Ukraine has a highly skilled workforce in the field of IT, with more than 200,000 IT specialists working in the country. The country is known for its expertise in software development, cybersecurity, and data analysis.


Manufacturing is another important industry in Ukraine, contributing to around 22% of the country's GDP. The country has a well-developed manufacturing sector, with a focus on industries such as metallurgy, chemicals, and machinery

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