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The Galleon Trade
 
When the Spaniards came to the Philippines, our ancestors were
already trading with China, Japan, Siam, India, Cambodia, Borneo
and the Moluccas. The Spanish government continued trade
relations with these countries, and the Manila became the center of
commerce in the East. The Spaniards closed the ports of Manila to
all countries except Mexico. Thus, the Manila–Acapulco Trade, better
known as the "Galleon Trade" was born. 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.
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Cambodia
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Acapulco
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