Global silver trade from the 16th to 18th centuries which China desired, so they traded silver to make up for their trade deficit. The two most important mining colonies of the Spanish Empire were Peru and Mexico, who were estimated to have provided one-hundred thousand tons of silver from the mid 16th Century to the end of the colonial period. The richest, and most productive mine in the Americas was that of Potosí in what is modern day Bolivia. The richest camp in Mexico was in the city of Zacatecas, however the production of this mine was far less than that of Potosi. More simplistic native mining techniques dominated
Global silver trade from the 16th to 18th centuries the rest of the world, before experiencing another population boom. The new population boom was a product of the introduction of New World crops into China, mainly sweet potatoes, which could be more easily grown. By this time, the silver mines in Japan were largely depleted and the New World became China's primary source for silver. Initially, Japan served as China's primary source for silver in the 16th Century. In exchange for silver, China would provide Japan with silk and gold. Japan and China did not directly trade with each other, due to political tensions. This meant that European entities