Galleon Trade (1565-1815

Manila-Acapulco Galleons Galleones de Manila-Acapulco How it started?     Discovery of Andres de Urdaneta of the eastward route to New Spain (presentday Mexico) Sent by Miguel Lopez de Legazpi from Cavite City Urdaneta’s ship, San Pedro, arrived on October 8, 1565 That marked the start of the Galleon Trade  

with the result that the provinces were deprived of their services. The galleon trade enriched only a few, for it was really more gambling than commerce. Polo y servicio of our ancestors in building the ships 58 out of 108 galleons were built in the Philippines

Role of the Church    Provided some lodging for the voyagers/sailors of the Galleon Trade Obras Pias, a charitable foundation, stimulated the trade in the country Nuestra Señora de la Paz y Buen Viaje, known as the Queen of the Galleons was brought to the Philippines by Don Juan Niño de Tabora

What were traded in the Galleon Trade? 
Mostly spices, porcelain, ivory, lacquerware, processed silk cloth and other valuable commodities supplied by merchants from Fujian, China Silver Bullions and minted coins from the New World

How it ended?  Mexican War of Independence w/c started on September 16, 1810 until their declaration of independence from Spain on September 27, 1821 Mexican War of Independence put a stop to the Galleon Trade in 1815.

Advantages of the Galleon Trade     Link between the Philippines and America. The trade furnished revenue needed to support Christianity and maintain the Spanish government in the Philippines. No severe exploitation of the Philippines’ natural resources Manila became an Entrepot 

(Additional Info) Route         Manila to Southern Luzon to Embocadero, a Northern Samar island Embocadero is the final stop before sailing to the Pacific Ocean Northeastward above the Marianas to the California Coast Sailing southeast towards Acapulco It took 4 months for the galleons to reach Acapulco from Manila Return voyage was faster, 3 months at most Taking the southerly route to the Marshall Islands Last stop was Guam before heading to Manila

Disadvantages of the Galleon Trade   Philippine agriculture and industry were neglected. It contributed to the failure of the Spanish authorities to develop Philippine trade with China, India, Japan, and other Asian countries which were closer to the country and therefore travel to these Asian countries was cheaper. The high profits from the trade drew the officials in the country to Manila