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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its continuous relevance regardless of the global economy. The import/export market encompasses various industries, including capital goods, consumer products, and food and beverages, generating hundreds of billions of dollars in trade. With a long history of trade, this sector enables the exchange of diverse products, such as clothing from China or cars from Germany. If you identify a product with potential in a different market, it's an opportune time to explore importing or exporting as a business. Eric also highlights various types of import/export businesses, including Export Management Companies (EMCs), which assist domestic companies in selling their products internationally.
