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In this video, Eric Goldschein from Fundera discusses the opportunities in starting an import/export business. He emphasizes that there is a consistent market for imports and exports, regardless of global economic conditions, with the industry valued in the hundreds of billions. The trade history allows for the exchange of various goods, such as clothing from China, olive oil from Spain, and cars from Germany. If you have identified a product that could succeed in a different market, it’s time to consider how to develop that into a business. Goldschein outlines different types of import/export businesses, such as an export management company (EMC), which helps domestic businesses sell their products internationally.