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In this video, Eric Goldschein discusses starting an import/export business, emphasizing its resilience amidst global economic fluctuations. The import/export market encompasses various categories, including capital goods, consumer goods, and food, generating hundreds of billions in revenue. Trade has existed for centuries, allowing the exchange of products like clothing from China and cars from Germany. If you’ve pinpointed a product with potential in a different market, it’s worth exploring how to import or export it. Goldschein highlights the different types of import/export businesses, such as export management companies (EMCs), which facilitate exports for domestic businesses aiming to expand internationally.