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In this video tutorial, Eric Goldschein discusses starting an import/export business, emphasizing its significance in the global economy, which remains robust despite fluctuations. The import/export industry, covering a range of products such as capital goods, consumer goods, and food, is worth hundreds of billions of dollars. He notes the historical relevance of trade, enabling access to global products like clothing from China and cars from Germany. If you have identified a product with potential in another market, it’s time to explore its import/export possibilities. Goldschein also mentions different types of import/export businesses, including Export Management Companies (EMCs), which assist domestic businesses in reaching new markets.