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Manila Galleon Trade
In the 1660s, Spanish colonial authorities continued the Acapulco–Manila galleon route, using the Philippines as a hub to import American silver into…
Timeline
- 1661–1665Manila · ManilaChinese, Japanese, and Southeast Asian merchants converged on Manila, exchanging silver for Chinese silk, porcelain, and other goods, while the Spanish colonial authorities controlled port trade through a licensing system.
- 1666–1670Pacific route (Acapulco–Manila) · AsiaSpanish galleons crossed the Pacific from Acapulco, Mexico to Manila, carrying American silver and European goods, and returned with East Asian commodities, sustaining the transoceanic commercial cycle.
Sources
- The Manila Galleon — William Lytle Schurz (1939)
- The Silver Way: China, Spanish America and the Birth of Globalisation, 1565–1815 — Peter Gordon & Juan José Morales (2017)