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In this tutorial, Eric Goldschein from Fundera discusses the potential of starting an import/export business. He emphasizes that regardless of global economic conditions, the import-export market remains robust, involving various categories such as capital goods, consumer goods, and food and beverages, collectively worth hundreds of billions of dollars. The concept of trade, which has existed for centuries, facilitates the movement of products across borders, allowing for a diverse range of items from different countries. If you have identified a product with potential in another market, it’s worthwhile to explore import/export opportunities. He also mentions different business models, such as exporting for domestic companies through Export Management Companies (EMCs).
