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In this video, Eric Goldschein discusses starting an import/export business, emphasizing its resilience in various economic climates. The import-export market encompasses various categories, such as capital goods, consumer goods, and food, and is valued in the hundreds of billions of dollars due to the longstanding tradition of trade. Goldschein highlights the importance of identifying a product that could succeed in a different market and suggests exploring ways to import or export it as a business opportunity. He also notes the existence of different types of import/export operations, including export management companies (EMCs), which assist domestic businesses in exporting their goods to new markets.
