The cotton gin transformed Southern agriculture and the national economy. Southern cotton found ready markets in Europe and in the burgeoning textile mills of New England. Cotton exports from the U.S. boomed after the cotton gin's appearance – from less than in 1793 to by 1810. Cotton was a staple that could be stored for long periods and shipped long distances, unlike most agricultural products. It became the U.S.'s chief export, representing over half the value of U.S. exports from 1820 to 1860.