Trade and Commerce in the Medieval World The Oceanic Trade in the medieval world. Our discussion includes the period from around the seventh century to the mid-eighteenth century, coinciding with the advent of Islam in Arabia to the British conquest of Bengal. To begin with, the most important development in the trading world was the rise of Islam towards the beginning of the seventh century.
TRADE AND
COMMERCE IN THE MEDIEVAL WORLD
Trade and Commerce in the Medieval World, The discussion ends around 1757 when a
momentous development occurred – the British conquest of Bengal which
completely changed the main trends of the oceanic trade which prevailed
earlier. First we will make an analysis of the impact of the rise of Islam and
its impact on oceanic trade not only in the Indian Ocean but also in the
Mediterranean.
During this period the Muslims dominated the oceanic trade
which continued for more than three centuries. We will trace the trade of
medieval Europe in the next section, with an emphasis on the role of the
Mediterranean in this trade. Here we will also focus on the commodities
involved in the export and import trade of medieval Europe. Trade and Commerce
in the Medieval World , India’s maritime trade in the early medieval period,
when the emphasis was more on the trade in the eastern archipelago rather than
towards the west, has also been analysed.
Advent of the Portuguese in the Indian Ocean has been examined in a separate section. It shows that the Portuguese, though able to make minor changes in the Indian Ocean trade, ultimately failed to bring about any radical alteration in the structure, direction and organisation of trade in this region. It appears that the Portuguese presence in the Indian Ocean, though spectacular and significant, had no dominating influence in the region. Trade and Commerce in the Medieval World, The coming of the European Companies, especially the Dutch and the English in the trading world of the Indian Ocean was an important event.
India’s overseas trade is also touched upon. It would be
evident that these Companies were involved in the export trade of three
commodities mainly – textiles, raw silk and saltpetre – for which there was
great demand in Europe. Since Bengal was the main producer of these
commodities, naturally it became the main centre of Asiatic trade of these two
major Companies. One important point to be kept in view is that the Europeans
had to bring in bullion/silver and cash to pay for their exports as the balance
of trade was heavily in favour of India/Bengal. The last section deals with the
overseas trade of the Indian merchants, which passed through some directional
changes in the course of period discussed here.
To begin with, the Indian merchants dominated the trade in
the eastern archipelago but later were forced to abandon it and concentrate on
the westerly trade. But here they had to face the challenge from the English
Company and its servants from around the early eighteenth century. This along
with the decline of the Mughal, Persian and Ottoman empires, followed by the
decline of the great Mughal port of Surat in the early eighteenth century,
sounded the death-knell of the overseas trade of the Indian merchants. Trade
and Commerce in the Medieval World , In particular this affected the maritime
traders of Gujarat, who were the most dominant and active participants in
oceanic trade from the sixteenth to the mid eighteenth centuries.
RISE OF ISLAM AND THE OCEANIC TRADE
In the medieval world, the rise of Islam was one of the most
important developments that had a great impact on oceanic trade. For many
centuries, Arab and Muslim merchants played an important role in the
development of the vast commercial network. In fact, well before the arrival of
the Europeans, the coastal regions of the Indian Ocean between east Africa and
the China Sea constituted a zone of intense commercial exchanges, mainly
controlled by Muslim seamen and merchants. From the middle of the 7th century
to the end of the 15th, the general direction and structure of the Indian Ocean
trade are remarkably clear. Trade and Commerce in the Medieval World , There
was a long line of transcontinental traffic, going all the way from south China
to the eastern Mediterranean. The second typology of Indian Ocean trade
incorporated shorter voyages and distances. It seems that up to the beginning
of the 10th century or even later, Arab ships and merchants had sailed all the
way to China and back, calling at the intermediate ports.
As a matter of fact, the commercial expansion of Muslim
merchants and traders across the Indian Ocean to south Asia and China is
historically recorded from as early as the 8th century. Trade and Commerce in
the Medieval World , Again, Arab achievements made it possible to unite the two
arteries of long-distance trade known in antiquity between the Indian Ocean and
the Mediterranean. The twin channels of the transcontinental trade of Asia
constituted of the seaborne traffic through the Red Sea and the combined sea,
river, and overland journey across the Persian Gulf, Iraq and the Syrian
Desert. Both these were brought under the political control of single
authorities, at first that of the Umayyad Caliphs and later that of the
Abbasids.
Even the Mediterranean, divided as it was between a Christian
north and a Muslim south, eventually recovered much of its economic unity
through the activity of merchants and traders.
Trade and Commerce in the Medieval World , After the Mongol conquest of China in 1280,
the empire’s maritime connections seem to have been strengthened rather than
weakened. As we know from Marco Polo(1298) and Ibn Battuta(d.1377), the two
city ports of Hangchow and Zaiton flourished during the period. Zaiton was
crowded with ocean-going ships. For every ship laden with pepper which might be
sent for transshipment to Alexandria and the Christian lands, one hundred came
to Zaiton. When Ibn Battuta visited the city in A.D. 1343-4, it seemed to him
to be the greatest port in the world, its commercial traffic exceeding that of
Alexandria, and Quilon and Calicut on the Malabar coast. However, there
occurred important changes in the direction of Indian Ocean trade from the end
of the 10th century to the middle of the 15th. The decline of the Abbasid
Caliphate and the rise of the Fatimids in Egypt shifted the routing of
long-distance trade away from Baghdad and Damascus to Aden and Fustat.
In India, the Turkish Sultans of Delhi conquered Gujarat in A.D. 1303-4, and its maritime towns were now within the reach of Islamic social and political influence. At about the same time, the trading ports and coastal kingdoms of the Indonesian archipelago began to accept the Islamic faith and the process of conversion continued for the next three centuries. These new developments in the Indian Ocean ran parallel to the developments taking place in the Christian half of the Mediterranean.
Trade and Commerce in the Medieval World , The expulsion of the Moorish rulers from
Spain and the rise of Venice and Genoa to commercial supremacy signified the
symbolic beginnings of a re-alignment in the structure of world economy. At the
same time, the shifting of the seat of power by the Fatimids to old Cairo, the
economic importance of Alexandria as the terminus of transcontinental trade
became even greater. Under the Ayyubid rulers of Egypt (1170-1260), followed by
the Mamluks (1260-1517), the strong economic position of Cairo was maintained
with intensive development of the Red Sea ports. However, in China, the
economic policies of the Ming dynasty (1368-1644) produced contradictory
effects on maritime trade.
The third Ming emperor, Yung –lo (1402-24), tried a new
experiment in China’s economic relations with the trading nations of the Indian
Ocean. It took the form of a hugely ambitious series of seaborne expeditions
between 1404 and 1433 but these were finally abandoned in 1433 and the future
Ming emperors were determined to close China’s sea-coasts to foreign visitors.
They placed an embargo on the trade of Chinese merchants to overseas
destinations. Ming overseas commerce, however, continued in several forms,
especially through smuggling voyages to the Philippines, Tongking and Malacca.
TRADE IN MEDIEVAL EUROPE
The spread of Islam into the basin of the Mediterranean in
the 7th century closed that sea to the Christians of the West but not to all
the Christians. Trade and Commerce in the Medieval World , The south Italian towns such as Naples and Bari
in the east continued to recognise the Emperor at Constantinople, and so also
did Venice, which at the head of the Adriatic, never had anything seriously to
fear from the Saracen expansion. Venice, already a great maritime power, by
1100, established her hegemony on the whole of the east coast of that sea,
which she considered her domain and which remained hers for centuries. In fact,
continental Europe witnessed two great commercial movements which appeared on
its borders in the early medieval period, the one in the western Mediterranean
and the Adriatic, the other in the Baltic and the North Sea. The latter was
dominated by the Scandinavians whose maritime exploits were not directed only
to the west. While the Danes and the Norwegians threw themselves on the
Carolingian Empire, England, Scotland and Ireland, and their neighbours, the
Swedes, turned to Russia. Another important development was the end of
Mediterranean domination by Muslims after the Crusades. Now the whole of the
Mediterranean was reopened to western navigation. The most lasting and
essential result of the Crusades was to give the Italian towns, and in a lesser
degree, those of Provence and Catalonia, the mastery of the Mediterranean. The
trade of northern Europe was not greatly concerned with oriental and
Mediterranean commodities.
At various times, between the 6th and the 10th centuries,
traders and warriors brought goods from the extreme north of Europe to
Byzantium and reimported Byzantine goods into northern Europe.
In later centuries, Italian merchants frequently sailed into
the harbours of England and Flanders, bringing with them all the infinite
variety of Levantine and oriental products. Still more regularly Italian
merchants and the men of the North, Germans, Flemings, English and French,
mingled in the great international marts of Central and Northern Europe.
Different centres rose to prominence through out the medieval period. Champagne
during the 12th and 13th centuries, in Bruges in the 14th and the early 15th
centuries, Genoa, Antwerp in the 15th, century. These merchants from all over
Europe exchanged the Italian and Italian-borne products for other goods. The
main currents of trade across northern Europe and between northern Europe and
other countries flowed with products of northern hemisphere, cruder, bulkier
and altogether more indispensable than the luxuries and the fineries. Trade and
Commerce in the Medieval World , Even in the South, food-stuffs or raw
materials also entered into the trade of the Mediterranean region. What gave
the southern trade its peculiar character was not the trade in the bulky
essentials, but those luxury trades which were associated with it.
By contrast, the trade of northern Europe was almost
exclusively devoted to the necessities of life. Medieval commerce developed in
Europe because of the impetus generated by long-distance trade. Spices were the
first objects of this trade. They created the wealth of not only Venice but of
all the great ports of the western Mediterranean. Syria, to which quantities
were brought by caravans coming from Arabia, India and Southeast Asia, was the
principal destination of European ships. Trade and Commerce in the Medieval
World , However, from the beginning of the 13th century, imports into Europe
consisted of rice, oranges, apricots, figs, raisins, perfumes, medicaments and
dyestuffs. To these was added cotton also. Raw silk was also imported from the
end of the 12th century. In return for all these imports, the Italians supplied
the ports of the Levant with timber and arms, Venice, for at least a certain
time, with slaves.
INDIA’S MARITIME TRADE
Trade and Commerce in the Medieval World So far as India’s
maritime trade in the medieval period is concerned, it was characterised by
both continuity and change. As in earlier times, drugs, spices, the teak-wood
of Malabar, precious stones, and a great variety of exotic luxuries passed
westwards. What the Indian markets could absorb in exchange for its exports was
largely limited to strategic war-animals, spices and medicaments, rarities,
toys and exotic textiles. Trade and Commerce in the Medieval World , Significant
developments occurred in the pattern of trade in early medieval period in the
expansion of maritime activity in the eastern waters of the Indian Ocean and
the China Sea.
Trade and Commerce in the Medieval World The presence of Indian traders following the
emergence of great civilized states in Southeast Asia under strong Indian and
Buddhist influence in the earlier centuries led to an expansion of the textile
trade towards these growing markets.
So far as the trade between India and Indonesia is concerned,
spices and raw materials of Indonesia were an important part of Indian Ocean
trade. The trade of these settlements in Indonesia and Malay Peninsula was
largely in the hands of Muslim merchants of the Indian Ocean. It was mainly
from Gujarat that Muslims came to settle on the Indonesian littoral.
There was a considerable export of cloth from Bengal to the
Indonesian markets. There is also evidence to Indian trade with the Horn of
Africa and that the communities of the Arab peninsula who were heavily
dependent on Indian imports. However, a large portion of the westerly trade was
to more distant markets, particularly to Cairo, and to Old and New Hormuz for
redistribution to more distant overland markets in Iran, the West, Russia and
Central Asia.
PORTUGUESE TRADE IN THE INDIAN OCEAN
Apart from the trade in spices, luxuries and novelties, a
number of staple commodities were also traded for the very survival of the
communities on the Indian Ocean littoral. Of the staple commodities produced in
India, teak-wood with its superior virtues for ship-building was exported for
ships plying in the Persian Gulf and the Arabian Sea. Trade and Commerce in the
Medieval World, The exports from coastal
areas of India of surplus grains – mainly rice – provided a staple food for
communities in the Persian Gulf, in south Arabia, and in the Maldive islands as
also those in several other parts of the Malay Peninsula. Gujarat, Coromandel
and Bengal exported cotton cloth and staple food grains.
As regards the main imports to India from the westerly
direction, it appears that on the south side of the Persian Gulf and along the
coast of the Hadramawt, almost every port of consequence seems to have been
engaged in exporting horses to India.
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