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Eric Goldschein from Fundera discusses starting an import/export business, highlighting its relevance in any economic climate. The import/export market spans a variety of sectors including capital goods, consumer products, and food and beverages, generating hundreds of billions in revenue. Trade has persisted throughout history, facilitating the exchange of goods like clothing, olive oil, and cars across borders. If you’ve identified a product with potential in a new market, it’s time to consider how to import or export it. There are various business models to explore, such as an Export Management Company (EMC), which specializes in exporting goods for domestic businesses targeting overseas markets.
