We are all aware of the great achievements of the Greeks and the Romans. However, they were also great traders and they helped to establish an international trade network that changed the world.
The Early International Trade Network
After the Bronze Age collapse caused by the invasions of the Sea Peoples, the international trade system was in disarray. It was the Phoenicians, based in what is now Lebanon, that revived trade. They bought metals from as far as Spain and also traded luxury goods. Their colony of Carthage helped to create a pan-Mediterranean trade network.
The Greeks competed with the Phoenicians, especially after they established many colonies in the 8th century BC. In particular, they controlled the trade with the Black Sea. City-states such as Athens grew wealthy from this trade and they exported manufactured goods, such as vases, far and wide.
By the 4th century BC, many parts of the Mediterranean traded with each other. They exchanged mainly luxury goods, such as wine, but also metals and grains. Olive oil and wine was also traded over vast distances and they were stored in amphorae. Most international trade was undertaken by oared galleys because land travel was too slow and dangerous.
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