Global Vehicle Recycling Market (2025-2031) | Supply, Demand, Share, Opportunities, Segments, Competition, Investment Trends, Strategy, Value, Outlook, Growth, Challenges, Strategic Insights, Companies, Drivers, Restraints, Segmentation, Industry, Competitive, Revenue, Trends, Pricing Analysis, Analysis, Size, Consumer Insights, Forecast

Name: Global Vehicle Recycling Market (2025 - 2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
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Keywords: Vehicle Recycling Market, Global Vehicle Recycling Market, Global Vehicle Recycling Market Revenues, Global Vehicle Recycling Market Share, Global Vehicle Recycling Market Size, Global Vehicle Recycling Market Outlook, Global Vehicle Recycling Market Report, Global Vehicle Recycling Market Competition, Global Vehicle Recycling Market Overview, Global Vehicle Recycling Market Trends, Global Vehicle Recycling Market Forecast

Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Type (Passenger Cars Recycling, Commercial Vehicles Recycling), By Application (OEMs, Aftermaket) And Competitive Landscape

Product Code: ETC13214583	Publication Date: Apr 2025	Updated Date: Jul 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 190	No. of Figures: 80	No. of Tables: 40

Global Vehicle Recycling Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Global Vehicle Recycling Market was valued at USD 65 Billion in 2024 and is expected to reach USD 91 Billion by 2031, growing at a compound annual growth rate of 7.00% during the forecast period (2025-2031).

Global Vehicle Recycling Market Overview

The global vehicle recycling market is experiencing significant growth driven by increased awareness of environmental sustainability and the rising demand for recycled materials in the automotive sector. The market encompasses the recycling of end-of-life vehicles to recover valuable components and materials such as metals, plastics, and rubber. Stringent regulations promoting the recycling and disposal of vehicles have also contributed to market expansion. Furthermore, advancements in recycling technologies, such as automated dismantling and material separation processes, are enhancing the efficiency and effectiveness of vehicle recycling operations. The market is expected to continue growing as manufacturers and consumers alike prioritize sustainable practices, leading to a shift towards a circular economy within the automotive industry.

Global Vehicle Recycling Market Trends and Opportunities

The Global Vehicle Recycling Market is experiencing a significant shift towards sustainability and environmental consciousness, driven by increasing regulations and consumer demand for eco-friendly practices. As the automotive industry embraces circular economy principles, there are growing opportunities for innovative recycling processes, material recovery technologies, and end-of-life vehicle dismantling solutions. The market is also witnessing a rise in the adoption of advanced recycling techniques such as shredding, sorting, and resource recovery to extract valuable materials like steel, aluminum, and plastics from end-of-life vehicles. Additionally, the emergence of electric vehicles with unique recycling requirements presents a new frontier for recyclers to develop specialized capabilities. Overall, the vehicle recycling market is poised for growth as businesses focus on optimizing resource utilization and reducing their environmental impact.

Global Vehicle Recycling Market Challenges

The Global Vehicle Recycling Market faces several challenges, including the increasing complexity of modern vehicles with advanced technologies, which makes it harder to dismantle and recycle them efficiently. Additionally, the lack of standardized recycling processes and regulations across different regions poses a challenge in ensuring environmentally friendly practices. Another issue is the presence of hazardous materials in end-of-life vehicles, such as lead-acid batteries and airbags, which require careful handling and disposal to prevent environmental contamination. Furthermore, the fluctuating prices of scrap metal and other recycled materials impact the profitability of vehicle recycling businesses. Overall, addressing these challenges requires collaboration between industry stakeholders, policymakers, and technology innovators to develop sustainable solutions for the future of vehicle recycling.

Global Vehicle Recycling Market Drivers

The Global Vehicle Recycling Market is primarily driven by increasing concerns regarding environmental sustainability and the rising adoption of circular economy principles. Stricter government regulations promoting recycling and waste management practices in the automotive industry are also fueling market growth. The growing demand for recycled materials to reduce the carbon footprint and conserve natural resources is propelling the vehicle recycling market. Additionally, advancements in technology for efficient dismantling and recycling processes, along with the increasing awareness among consumers about the benefits of recycling old vehicles, are contributing to the expansion of the market. Overall, the shift towards a more sustainable and eco-friendly approach in the automotive sector is a key driver of the Global Vehicle Recycling Market.

Global Vehicle Recycling Market Government Policy

Government policies related to the Global Vehicle Recycling Market vary by country but generally focus on promoting sustainable practices and reducing environmental impact. Many countries have implemented regulations requiring the proper disposal and recycling of end-of-life vehicles to minimize waste and promote the reuse of materials. These policies often include guidelines for the dismantling and recycling of vehicles to recover valuable materials like metals and plastics while minimizing harmful pollutants. Additionally, some governments offer incentives or subsidies to encourage the adoption of environmentally friendly recycling practices in the automotive industry. Overall, the goal of these policies is to create a more sustainable and circular economy within the vehicle recycling sector, driving innovation and promoting environmental responsibility.

Global Vehicle Recycling Market Future Outlook

The Global Vehicle Recycling Market is poised for significant growth in the coming years as the automotive industry continues to emphasize sustainability and environmental responsibility. With increasing regulations around end-of-life vehicle disposal and rising awareness of the importance of recycling to reduce carbon footprints, the market is expected to expand. Technological advancements in recycling processes, such as the use of automated dismantling systems and innovative materials separation techniques, will drive efficiency and profitability in the industry. Additionally, the growing demand for recycled materials in manufacturing sectors, coupled with the rising popularity of electric vehicles leading to an influx of end-of-life batteries needing recycling, will further propel the market forward. Overall, the Global Vehicle Recycling Market is forecasted to experience robust growth opportunities and attract significant investments in the coming years.

Global Vehicle Recycling Market Regional Insights

The global vehicle recycling market showcases varying trends across different regions. In Asia, the market is driven by the increasing number of end-of-life vehicles due to rapid urbanization and industrialization. North America leads in vehicle recycling technology and infrastructure development, with a focus on sustainability and compliance with stringent environmental regulations. Europe is at the forefront of implementing circular economy practices, promoting recycling and resource efficiency. The Middle East and Africa region is witnessing a gradual shift towards adopting vehicle recycling practices to reduce environmental impact and promote sustainable growth. In Latin America, the market is experiencing steady growth, driven by government initiatives and increasing awareness about the benefits of vehicle recycling in reducing waste and conserving resources.

Key Highlights of the Report:

Global Vehicle Recycling Market Outlook
Market Size of Global Vehicle Recycling Market, 2024
Forecast of Global Vehicle Recycling Market, 2031
Historical Data and Forecast of Global Vehicle Recycling Revenues & Volume for the Period 2021 - 2031
Global Vehicle Recycling Market Trend Evolution
Global Vehicle Recycling Market Drivers and Challenges
Global Vehicle Recycling Price Trends
Global Vehicle Recycling Porter's Five Forces
Global Vehicle Recycling Industry Life Cycle
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of Global Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of North America Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of North America Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of North America Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of North America Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of North America Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of North America Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of United States of America Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Canada Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Rest of North America Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Latin America (LATAM) Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of Latin America (LATAM) Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of Latin America (LATAM) Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of Latin America (LATAM) Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of Latin America (LATAM) Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of Latin America (LATAM) Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of Brazil Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Mexico Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Argentina Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Rest of LATAM Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Asia Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of Asia Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of Asia Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of Asia Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of Asia Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of Asia Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of China Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of India Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Japan Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Rest of Asia Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Africa Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of Africa Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of Africa Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of Africa Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of Africa Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of Africa Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of South Africa Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Nigeria Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Egypt Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Rest of Africa Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Europe Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of Europe Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of Europe Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of Europe Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of Europe Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of Europe Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of United Kingdom Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of France Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Germany Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Rest of Europe Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Middle East Vehicle Recycling Market Revenues & Volume By Type for the Period 2021 - 2031
Historical Data and Forecast of Middle East Vehicle Recycling Market Revenues & Volume By Passenger Cars Recycling for the Period 2021 - 2031
Historical Data and Forecast of Middle East Vehicle Recycling Market Revenues & Volume By Commercial Vehicles Recycling for the Period 2021 - 2031
Historical Data and Forecast of Middle East Vehicle Recycling Market Revenues & Volume By Application for the Period 2021 - 2031
Historical Data and Forecast of Middle East Vehicle Recycling Market Revenues & Volume By OEMs for the Period 2021 - 2031
Historical Data and Forecast of Middle East Vehicle Recycling Market Revenues & Volume By Aftermaket for the Period 2021 - 2031
Historical Data and Forecast of Saudi Arabia Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of UAE Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Turkey Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Historical Data and Forecast of Rest of Middle East Vehicle Recycling Market Revenues & Volume for the Period 2021 - 2031
Global Vehicle Recycling Market - Key Performance Indicators
Global Vehicle Recycling Market - Import Export Trade Statistics
Global Vehicle Recycling Market - Opportunity Assessment By Countries
Global Vehicle Recycling Market - Opportunity Assessment By Type
Global Vehicle Recycling Market - Opportunity Assessment By Application
Global Vehicle Recycling Market - Top Companies Market Share
Global Vehicle Recycling Market - Top Companies Profiles
Global Vehicle Recycling Market - Comparison of Players in Technical and Operating Parameters
Global Vehicle Recycling Market - Strategic Recommendations

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Global Vehicle Recycling Market

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Global Vehicle Recycling Market Overview

3.1 Global Regional Macro Economic Indicators

3.2 Global Vehicle Recycling Market Revenues & Volume, 2021 & 2031F

3.3 Global Vehicle Recycling Market - Industry Life Cycle

3.4 Global Vehicle Recycling Market - Porter's Five Forces

3.5 Global Vehicle Recycling Market Revenues & Volume Share, By Regions, 2021 & 2031F

3.6 Global Vehicle Recycling Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Global Vehicle Recycling Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Global Vehicle Recycling Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Global Vehicle Recycling Market Trends

6 Global Vehicle Recycling Market, 2021 - 2031

6.1 Global Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

6.1.1 Overview & Analysis

6.1.2 Global Vehicle Recycling Market, Revenues & Volume, By Passenger Cars Recycling, 2021 - 2031

6.1.3 Global Vehicle Recycling Market, Revenues & Volume, By Commercial Vehicles Recycling, 2021 - 2031

6.2 Global Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

6.2.1 Overview & Analysis

6.2.2 Global Vehicle Recycling Market, Revenues & Volume, By OEMs, 2021 - 2031

6.2.3 Global Vehicle Recycling Market, Revenues & Volume, By Aftermaket, 2021 - 2031

6.3.1 Overview & Analysis

7 North America Vehicle Recycling Market, Overview & Analysis

7.1 North America Vehicle Recycling Market Revenues & Volume, 2021 - 2031

7.2 North America Vehicle Recycling Market, Revenues & Volume, By Countries, 2021 - 2031

7.2.1 United States (US) Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

7.2.2 Canada Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

7.2.3 Rest of North America Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

7.3 North America Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

7.4 North America Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

8 Latin America (LATAM) Vehicle Recycling Market, Overview & Analysis

8.1 Latin America (LATAM) Vehicle Recycling Market Revenues & Volume, 2021 - 2031

8.2 Latin America (LATAM) Vehicle Recycling Market, Revenues & Volume, By Countries, 2021 - 2031

8.2.1 Brazil Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

8.2.2 Mexico Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

8.2.3 Argentina Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

8.2.4 Rest of LATAM Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

8.3 Latin America (LATAM) Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

8.4 Latin America (LATAM) Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

9 Asia Vehicle Recycling Market, Overview & Analysis

9.1 Asia Vehicle Recycling Market Revenues & Volume, 2021 - 2031

9.2 Asia Vehicle Recycling Market, Revenues & Volume, By Countries, 2021 - 2031

9.2.1 India Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

9.2.2 China Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

9.2.3 Japan Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

9.2.4 Rest of Asia Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

9.3 Asia Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

9.4 Asia Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

10 Africa Vehicle Recycling Market, Overview & Analysis

10.1 Africa Vehicle Recycling Market Revenues & Volume, 2021 - 2031

10.2 Africa Vehicle Recycling Market, Revenues & Volume, By Countries, 2021 - 2031

10.2.1 South Africa Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

10.2.2 Egypt Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

10.2.3 Nigeria Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

10.2.4 Rest of Africa Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

10.3 Africa Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

10.4 Africa Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

11 Europe Vehicle Recycling Market, Overview & Analysis

11.1 Europe Vehicle Recycling Market Revenues & Volume, 2021 - 2031

11.2 Europe Vehicle Recycling Market, Revenues & Volume, By Countries, 2021 - 2031

11.2.1 United Kingdom Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

11.2.2 Germany Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

11.2.3 France Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

11.2.4 Rest of Europe Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

11.3 Europe Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

11.4 Europe Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

12 Middle East Vehicle Recycling Market, Overview & Analysis

12.1 Middle East Vehicle Recycling Market Revenues & Volume, 2021 - 2031

12.2 Middle East Vehicle Recycling Market, Revenues & Volume, By Countries, 2021 - 2031

12.2.1 Saudi Arabia Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

12.2.2 UAE Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

12.2.3 Turkey Vehicle Recycling Market, Revenues & Volume, 2021 - 2031

12.3 Middle East Vehicle Recycling Market, Revenues & Volume, By Type, 2021 - 2031

12.4 Middle East Vehicle Recycling Market, Revenues & Volume, By Application, 2021 - 2031

13 Global Vehicle Recycling Market Key Performance Indicators

14 Global Vehicle Recycling Market - Export/Import By Countries Assessment

15 Global Vehicle Recycling Market - Opportunity Assessment

15.1 Global Vehicle Recycling Market Opportunity Assessment, By Countries, 2021 & 2031F

15.2 Global Vehicle Recycling Market Opportunity Assessment, By Type, 2021 & 2031F

15.3 Global Vehicle Recycling Market Opportunity Assessment, By Application, 2021 & 2031F

16 Global Vehicle Recycling Market - Competitive Landscape

16.1 Global Vehicle Recycling Market Revenue Share, By Companies, 2024

16.2 Global Vehicle Recycling Market Competitive Benchmarking, By Operating and Technical Parameters

17 Top 10 Company Profiles

18 Recommendations

19 Disclaimer

Africa Vehicle Recycling Market

Middle East Vehicle Recycling Market

North America Vehicle Recycling Market

Saint Vincent and the Grenadines Vehicle Recycling Market

Samoa Vehicle Recycling Market

San Marino Vehicle Recycling Market

Sao Tome and Principe Vehicle Recycling Market

Serbia Vehicle Recycling Market

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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