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In this video, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its significance regardless of the global economy. The import/export market encompasses various categories such as capital goods, consumer goods, equipment, and food, contributing to a multi-billion dollar industry. He emphasizes that trade has existed for centuries and is essential for sourcing products internationally, like clothing from China and cars from Germany. If you have identified a promising product for another market, it’s time to explore its potential for import/export. Goldschein also mentions the option of starting an export management company (EMC), which assists domestic businesses in selling to different markets.