etegration YOU ARE THE MAN!
I came across 30 sites with same error (just in my case different line) and all sugestions didn't got me nowhere
Text Formatted Code
You have an error in your SQL syntax. Check the manual that corresponds to your MySQL server version for the right syntax to use near 'DEFAULT CHARSET=utf8mb4'
and only exporting and using "SQL export compatibility:" "MYSQL40"
fixed the problem importing with no errors
new server: MySQL version 4.1.13-standard
old server: MySQL version 4.0.25-standard