Swedish East India Company in the context of "East Indiaman"

⭐ In the context of East Indiamen, the Swedish East India Company is considered





⭐ Core Definition: Swedish East India Company

The Swedish East India Company (Swedish: Svenska Ostindiska Companiet; SOIC) was founded in Gothenburg, Sweden, in 1731 for the purpose of conducting trade with India, China, and the Far East. The venture was inspired by the success of the Dutch East India Company and the British East India Company. This made Gothenburg a European Centre of trade in eastern products. The main goods were black pepper, spices, silk, tea, furniture, porcelain, precious stones and other distinctive luxury items. Trade with India and China saw the arrival of some new customs in Sweden. The cultural influence increased, and tea, rice, arrack (a drink made from fermented sap or sugarcane) and new root vegetables started appearing in Swedish homes.

It grew to become the largest trading company in Sweden during the 18th century: a total of 132 expeditions were carried out with 37 different ships. The company folded in 1813; nevertheless, it left clear footprints that can still be seen in Gothenburg.

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👉 Swedish East India Company in the context of East Indiaman

East Indiamen were merchant ships that operated under charter or licence for European trading companies which traded with the East Indies between the 17th and 19th centuries. The term was commonly used to refer to vessels belonging to the British, Dutch, French, Danish, Swedish, Austrian or Portuguese East India companies.

Several East Indiamen chartered by the British East India Company (EIC) were known as clippers. The EIC held a monopoly granted to it by Elizabeth I in 1600 for all English trade between the Cape of Good Hope and Cape Horn. This grant was progressively restricted during the late 18th and early 19th centuries, until the monopoly was lost in 1834. EIC East Indiamen usually ran between Britain, the Cape of Good Hope and India, where their primary destinations were the ports of Bombay, Madras and Calcutta.

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Swedish East India Company in the context of Gothenburg

Gothenburg or Göteborg (Swedish: Göteborg [jƓtɛˈbɔrj] ) is the second-largest city in Sweden, after the capital Stockholm, and the fifth-largest in the Nordic countries. Situated by the Kattegat on the west coast of Sweden, it is the gubernatorial seat of VĂ€stra Götaland County, with a population of approximately 600,000 in the city proper and about 1.1 million inhabitants in the metropolitan area.

King Gustavus Adolphus founded Gothenburg by royal charter in 1621 as a heavily fortified, primarily Dutch, trading colony. In addition to the generous privileges given to his Dutch allies during the ongoing Thirty Years' War, e.g. tax relaxation, he also attracted significant numbers of his German and Scottish allies to populate his only town on the western coast; this trading status was furthered by the founding of the Swedish East India Company. At a key strategic location at the mouth of the Göta Àlv, where Scandinavia's largest drainage basin enters the sea, the Port of Gothenburg is now the largest port in the Nordic countries. The presence of the University of Gothenburg and Chalmers University of Technology has led Gothenburg to become home to many students. Volvo was founded in Gothenburg in 1927, with both Volvo Cars, and its original parent Volvo Group (today makers of trucks, buses and marine engines) still headquartered on the island of Hisingen in the city. Other key companies in the area are AstraZeneca, Ericsson, and SKF.

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