The last galleon from Manila arrived in Acapulco in 1811, and the galleon Magellan was the last to sail from Acapulco for Manila in 1815.
When did the Manila Galleon start?
From 1571 to 1814, the richly laden Manila galleons sailed across the Pacific Ocean between Mexico and Manila in the Philippines.
How many years did Spain colonize the Philippines?
The Spanish colonial period of the Philippines began when explorer Ferdinand Magellan came to the islands in 1521 and claimed it as a colony for the Spanish Empire. The period lasted until the Philippine Revolution in 1898.
What is galleon trade Philippines?
The Galleon Trade was a government monopoly. Only two galleons were used: One sailed from Acapulco to Manila with some 500,000 pesos worth of goods, spending 120 days at sea; the other sailed from Manila to Acapulco with some 250,000 pesos worth of goods spending 90 days at sea.
What is the Manila Acapulco trade?
The 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 in exchange for New World silver. (It is estimated that as much as one-third of the silver mined in New Spain and Peru went to the Far East.)
What is the advantage of galleon trade?
Advantages: The galleons brought Mexican silver, merchandise, and useful plants to the Philippines as well as other influences from Mexico and Spain. The trade generated revenue needed by the government.
Where is the galleon trade?
The Manila Galleon Trade Route was an economically powerful system of linking Spain with the commodities of Asia via Mexico. It consisted of two separate routes – westward from Acapulco to Manila and eastward on the return, following two separate belts of trade winds across the Pacific.
How did the galleon trade affect globalization?
“Globalization started with trade in Asia, in Spanish America,” said Mr. Gordon. He further emphasized that the galleon trade put up the ground for globalization by bringing about economic and cultural exchange and integration of financial markets between Asia and the Americas.