Soon after the Reconquista, Spain became the first global power in the world. It led European exploration of the new world, building the large Viceroyaties in the New World at the time. Spain also created the first intercontinental trade routes across the oceans. The Spanish traded goods across the Atlantic Ocean, between Spain and its viceroyalties in the Americas. They also traded across the Pacific Ocean, between Asian-Pacific countries and Mexico throughout the Spanish treasure fleet and Manila galleons.