The Ancient Greek Economy. Markets, Households and City-States

(Rick Simeone) #1

AEGEAN-LEVANTINE TRADE, 600–300 BCE 291


One thing that is immediately striking about these observations is that

those goods generally considered to be important high-volume commodities


in internal Aegean trade  – grain, wine, fish, and (olive) oil  – do not appear


prominently at all in Aegean-Levantine trade. Some quantities of wine and


oil were shipped east and west, but on what appears to be a rather small scale;


fish products cannot be found at all. What foodstuffs there were in this trade


were mostly exotic types originating in the east: rice, sesame, dates, semidalis.


Of these, the presence of rice seems minimal, while sesame, dates, and semidalis


were used in the Aegean mostly for special occasions, like weddings, indicating


their comparative rarity and expense.^30


One could surmise from this list that while it is lengthy, the actual volume

of goods in trade and thus its overall scale might not have been all too grand,


reflecting the traditional approach to low-volume, high-value luxury trade.


A couple of points should caution us from reaching this conclusion too quickly,


however. First, Thucydides tells us that in the second year of the Archidamian


War (430/29 BCE), the Athenians sent out a squadron of six triremes to Caria


and Lycia in order to collect money, and to stop Peloponnesian sea-raiders


from molesting merchant ships coming in from Phaselis and Phoenicia (Thuc.


2.69). Clearly, Levantine-Aegean trade was recognizably large and impor-


tant enough to the Athenians to warrant special attention on at least this one


occasion. Secondly, the number of Archaic and Classical coin hoards found


throughout Egypt and the Near East, especially those containing Athenian


owls, indicates there was an appreciable silver drain from the Aegean towards


the east, presumably at least in part as payment for many of the goods moving


westward.^31 Although, in general, Levantine-Aegean trade was not big on the


basics, like oil, wine, and grain, still it contained items that were apparently in


high demand, which was then presumably met with adequate supply.


Discussion


To be sure, the desiderata for this list of commodities are as lengthy as the list


itself. To truly grasp the nature of Levantine-Aegean long-distance trade, we


should like to know with greater precision when certain commodities were


introduced to the trade, the annual amounts shipped and prices, what pro-


portion of the items in transit were in a commodity versus a gift state, what


proportion of the items gravitated toward the luxury end of the consumption


spectrum, and so on. But even with the rough and noisy data as we have them,


we are able to draw some conclusions about these commodities, especially


how they relate to the notion of self-sufficiency.


As noted, there seems to be little question that the Greek world, particularly

that portion of it with access to the sea in the Aegean and in the West, experi-


enced significant intensive and extensive economic growth in the second half

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