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Anne Goldgar, Helen Paul, and Chris Nierstrasz discuss the dominance of the Dutch East India Company in the spice trade, their conflicts with other European countries, the limited trade with China, and the decline of the VOC. They also explore the impact of the Dutch East India Company on foreign trade and South Africa's food and wine production.
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Quick takeaways
- The Dutch East India Company, also known as VOC, dominated the spice trade between Asia and Europe for two hundred years, displacing the Portuguese and excluding the British.
- The war with Spain resulted in skilled merchants moving to Amsterdam, allowing the Dutch to establish the VOC and develop a stronger presence in global trade.
Deep dives
Importance of Spice Trade and Dutch Dominance
The Dutch had a virtual monopoly on spices in the 17th century, including nutmeg, pepper, cinnamon, and cloves. They also brought tea, coffee, porcelain, and silk to Western Europe, which brought them into conflict with other European countries. They traded in Asia, buying and selling spices and other goods, and were able to dominate the trade due to their control over spice-producing areas.
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