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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing the enduring nature of this industry despite global economic fluctuations. Importing and exporting involve various products, including capital goods, consumer goods, equipment, and food, contributing to a market valued in the hundreds of billions. He highlights the historical significance of trade and mentions examples such as sourcing clothing from China and olive oil from Spain. If you've identified a promising product for a new market, consider how to venture into import/export. Goldschein also notes different business models, such as export management companies (EMCs), which help domestic businesses sell their goods internationally.
