Relationship between International Trade and Circular Economy: Literature Review

In the last few years, the circular economy has received considerable attention worldwide because it offers an opportunity to optimise and promote sustainable production and consumption through new models based on continuous growth and limitless   resources.   This   concept   has   been   adopted   in   some   countries such as Denmark, Netherlands, Scotland, Sweden, Japan, China, and Germany while it is being considered by others including England, Austria, and Finland. Although applications of a circular economy have been identified in many developed countries, a few of studies exist that investigate practices in developing countries. However, the implementation of each country may vary, with specific priorities. This paper aims at analyzing the concept of circular economy (CE) and some international experience of implementing CE.