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triangular trade

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triangular trade

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Also known as triangle trade

trade route among three ports or regions

~19 min read

Encyclopedic overview

The classical model of the triangular trade The triangular trade of slaves, sugar, and rum, with New England instead of Europe as the third corner

Triangular trade or triangle trade is trade between three ports or regions. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Such trade has been used to offset trade imbalances between different regions.

Excerpted from Wikipedia’s “triangular trade” article, available under the CC BY-SA 4.0 licence.

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