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In this video, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its relevance regardless of global economic conditions. The import/export industry encompasses various categories including capital goods, consumer goods, equipment, and food, generating hundreds of billions in revenue. The concept of trade is ancient, facilitating the movement of goods like clothing from China and cars from Germany. If you have identified a product with potential in another market, it's time to consider how to import or export it as a business. Goldschein also mentions different types of import/export businesses, such as an export management company (EMC), which assists domestic companies in exporting goods to new markets.