Russoft reports export revenues of Russian IT companies fell 17%

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Export sales volume of Russian software companies decreased by 12-17% in 2022 and decreased to 8.4 billion dollars. In this respect Wrote newspaper “Kommersant”, which refers to the press service of the association “Russoft”, which brings together companies developing software (SW).

Association representatives explained the decline as Russian software developers left the European and American markets due to sanctions.

According to SearchInform CEO Sergey Ozhegov, previously it was not easy for Russian software companies to sell in the European and American markets, and in 2022 the interest of Russian companies in them waned even more.

Russoft noted that against this background, Russian programmers began to direct their export channels to the CIS countries, South and East Asia and the Middle East. There is also an increasing interest in the African and South American markets.

In the first half of February, the newspaper Vedomosti cited the results of a study by analysts from the online recruitment platform HeadHunter. WroteAt the end of 2022, sales managers, programmers and developers took the lead in the average monthly salary increase in the Russian labor market.

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