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In this tutorial, Eric Goldschein from Fundera discusses the opportunities in starting an import/export business. No matter the state of the global economy, the import-export market remains robust, encompassing categories like capital goods, consumer goods, and food and beverages, contributing to a market worth hundreds of billions of dollars. Trade has existed for centuries, facilitating the flow of products 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 venture. Additionally, various types of import/export businesses exist, such as export management companies (EMCs), which manage exporting goods for domestic businesses entering foreign markets.
