The Portuguese replaced Arab control of the trade in ivory, gold and slaves with their own. They traded up the Zambezi river and interfered with the existing inland African trade.
What did Portuguese traders export?
African exports consisted primarily of gold, ivory, and pepper. However, more than 175,000 slaves were also taken to Europe and the Americas during this period. In 1600, with the involvement of the Dutch and English, the magnitude of the slave trade grew exponentially.
What 3 things did the Portuguese trade and buy on the Gold Coast?
Until the end of the 16th century the Portuguese were the only Europeans trading on the Gold Coast, where they obtained gold, ivory and a commodity which would consistently gain in importance – African slaves.
What items were sought after and traded by the Portuguese?
The main Portuguese factories were in Goa, Malacca, Ormuz, Ternate, and Macau. They were mainly driven by the trade of gold and slaves on the coast of Guinea, spices in the Indian Ocean, and sugar cane in the New World.
Who is richer Spain or Portugal?
Gross domestic product
Being the hub of a few big banks, the Spanish economy produced a GDP of $1.237tn (£936bn) in 2016, according to World Bank data. By comparison, Portugal netted a GDP of $205.18bn (£154bn) that same year. GDP per capita in Spain is also higher than in Portugal.
How did Portugal become so poor?
Portugal IS a poor country because the government after the new state failed to manage the country economically, increasing the external debt from 14/15%, 40/50 years ago to almost 200% of the GPD after the 25th of April 1974.
Who sold African slaves to the Portuguese?
Benin’s conflict over slavery is particularly intense. For over 200 years, powerful kings in what is now the country of Benin captured and sold slaves to Portuguese, French and British merchants.
What did the Portuguese attempt to achieve?
The Portuguese goal of finding a sea route to Asia was finally achieved in a ground-breaking voyage commanded by Vasco da Gama, who reached Calicut in western India in 1498, becoming the first European to reach India. The second voyage to India was dispatched in 1500 under Pedro Álvares Cabral.