ATP/ADP translocase is a crucial protein located in the inner mitochondrial membrane that facilitates the exchange of adenosine triphosphate (ATP) and adenosine diphosphate (ADP) across this membrane. This translocase plays a vital role in cellular energy metabolism, ensuring that ATP produced in the mitochondria is exported to the cytosol while allowing ADP to enter the mitochondria for re-phosphorylation, which is essential for ATP synthesis during cellular respiration.