A closer look at the trade performance of the CESEE-10, China and Russia over the past 15 years shows that the CESEE-10 have doubled their share in world exports,3 while Russia’s market share has increased only slightly – and has, to a large extent, been driven by the increase in world energy prices.
China is expanding its role as an exporter not only of traditional labor-intensive products, but also of high-tech goods. Chart 4: Share of high-tech exports in total exports  Source: OeNB calculations based on IMF and World Bank data. Note: CESEE-10 exports include intra-CESEE-10 trade.