The Spanish traded silk, porcelain, spices, and other luxury goods from China and Japan with the Philippines. They also traded silver from mines in Mexico and Peru for these products.
So let’s look at the request more closely
The Spanish established a trade network with the Philippines that lasted for over 300 years. They traded luxury goods from China and Japan such as silk, porcelain, and spices. According to the National Historical Commission of the Philippines, “The long-distance trade between Asia and Europe was dominated by the Filipinos long before the arrival of the Spanish.”
In exchange for these products, the Spanish brought silver from Mexico and Peru to be used as currency in the Philippines. This trade relationship allowed for the establishment of the Galleon Trade Route, which connected Manila to Acapulco in Mexico and facilitated trade between Asia and the Americas.
The Spanish control of the Philippines also led to the introduction of Christianity to the country, as they brought religious figures and built churches. The Philippines’ unique location also made it a strategic outpost during the Spanish-American War.
Overall, the trade relationship between Spain and the Philippines was crucial in shaping the history and culture of both countries. As historian Ambeth Ocampo states, “The Galleon Trade introduced to the world Asia’s rich culture and high civilization.”
Here is a table summarizing some of the key products traded between Spain and the Philippines:
Products Traded | From | To |
---|---|---|
Silk | China | Philippines |
Porcelain | China | Philippines |
Spices | China, Japan | Philippines |
Silver | Mexico, Peru | Philippines |
In conclusion, the trade between Spain and the Philippines was a complex and significant part of world history, facilitating the exchange of goods and ideas between two very different cultures. As the Philippines commemorates the 500th anniversary of the arrival of the Spanish in their country, it is important to reflect on the legacy of this trade relationship and its impact on the world.
There are additional viewpoints
During 2021, Spain had a large net trade with Philippines in the exports of Animal Products ($324M), Foodstuffs ($238M), and Chemical Products ($75.3M).Spain (ESP) and Philippines (PHL) Trade | OECThe Observatory of Economic ComplexityThe Observatory of…The Observatory of Economic ComplexityThe Observatory of…… on the west coast of Mexico brought shipments of silver bullion and minted coin that were exchanged for return cargoes of Chinese goods, mainly silk textilesPhilippines – THE EARLY SPANISH PERIODCountrystudies.usCountrystudies.usCountrystudies.usCountrystudies.usAbout featured snippets•Feedback.pkWBse{box-shadow:0 2px 10px 0 rgba(0,0,0,0.2)}.pkWBse{border-radius:8px}sentinel{}.PBn44e{border-radius:8px}.yTik0{border:none;display:block;outline:none}.wplJBd{white-space:nowrap}.JM22S::-webkit-scrollbar{width:8px}.JM22S::-webkit-scrollbar-thumb{background-color:#bababa;border-right:4px solid #fff}.iQXTJe{padding:5px 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pre Spanish period?FeedbackThe South China Trade with Spanish Philippine Colony upunesco.orghttps://en.unesco.org › silkroad › knowledge-bank › s…unesco.orghttps://en.unesco.org › silkroad › knowledge-bank › s…By the mid-16th century, Manila had become a thriving Spanish colonial metropolis, trading in Chinese-produced silk and other goods.The Manila Galleon Trade (1565–1815) | EssayThe Metropolitan Museum of Arthttps://www.metmuseum.org › toah › mgtr › hd_mgtrThe Metropolitan Museum of Arthttps://www.metmuseum.org › toah › mgtr › hd_mgtrThe so-called Manila Galleon (“Nao de China” or “Nao de Acapulco”) brought porcelain, silk, ivory, spices, and myriad other exotic goods from China to Mexico …Manila galleon | Spanish sailing vesselEncyclopedia Britannicahttps://www.britannica.com › technology › Manila-gal…Encyclopedia Britannicahttps://www.britannica.com › technology › Manila-gal…May 4, 2023 — The galleon trade had a negative effect on economic development in the Philippines, since 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Products brought from Asia-Pacific were sent to Veracruz and shipped to Spain and, via trading, to the rest of Europe, while Spanish-Mexican navigators brought with them Hispanic and indigenous Mexican customs, religion, languages, foods, and cultural traditions to the Philippines, Guam, and the Mariana Islands.1877: 345,155 km² (133,265 sq mi)Historical era: Spanish EmpireLegislature: Cortes Generales
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This video discusses the impact of the Spanish Colonial Period in the economy of the Philippines. The Galleon Trade boosted the country’s economy by connecting it to other nations for trade and export of various goods. The introduction of tobacco as an agriculture product also played a significant role in thriving its economy. The Royal Philippine Company was established in 1785 but was abolished in 1834 due to internal issues, yet the country’s economy was not severely affected as Europe established its manufacturing system during the Industrial Revolution. The Philippines then became an agriculture exporter and opened new opportunities with the opening of the Suez Canal. Despite the economic advantages brought by the Spanish occupation, the country was colonized, leading to taxes paid to an external entity, and deaths caused by various conflicts. Nonetheless, the Philippines gained its independence in 1898, creating a new path for its future economy and growth.