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Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its relevance in any economic climate. The import and export market encompasses a wide range of goods, including capital goods, consumer items, equipment, and food, generating hundreds of billions in revenue. Trade has existed for millennia, enabling the distribution of various products across global markets. If you have identified a product with potential in a different market, it's a good opportunity to consider launching an import/export venture. There are different business models, such as an Export Management Company (EMC), which facilitates exporting goods for domestic businesses targeting international markets.
