A confederation of merchant guilds and market towns across northern Europe that dominated Baltic and North Sea trade for roughly four centuries. Its members traded grain, furs, fish, timber, metal, salt and textiles through fortified trading posts, called Kontors, in cities from Novgorod and Bruges to London and Bergen, and won trading privileges by both negotiation and force, including a nine year war with Denmark from 1361 to 1370. The League had no permanent bureaucracy, treaty, standing army or capital; its member cities, led by Lubeck, coordinated through periodic assemblies called Hanseatic Diets. It declined through the sixteenth and seventeenth centuries under pressure from centralizing territorial states, the Thirty Years War, and new Atlantic trade routes that bypassed its Baltic and North Sea network.
Facts
Disputed
FoundedThe first formal Hanseatic Diet met at Lubeck on 2 February 1356, but merchant associations already calling themselves a hansa were active from the mid twelfth century, and Lubeck and Hamburg had formed an official trading partnership by 1241. DissolvedThe last Hanseatic Diet met at Lubeck in 1669 with fewer than ten cities represented, after which the League functioned only as a residual legal association among Lubeck, Hamburg and Bremen; that association was not formally dissolved until 1862. Organization TypeMercantile confederation of merchant guilds and market towns 2 HeadquartersLubeck, Holy Roman Empire (present-day Germany) 2 IndustryBaltic and North Sea trade in grain, furs, fish, timber, metal, salt and textiles 2 Organization Type
Organization Type (category) Connections
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Source Hanseatic League (World History Encyclopedia)
In Era
Source Hanseatic League (World History Encyclopedia)
Related To
English cloth-trading company that rose as a rival to the Hanseatic League's dominance of northern European trade.
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Sources
1. Hanseatic League (Wikipedia)
Lead
was a medieval commercial and defensive network of merchant guilds and market towns
In Group: Chartered Trading Companies Founded Before 1600, Lead paragraph
Growing from Lübeck and a few other North German towns in the late 12th century
View the Source2. Hanseatic League (World History Encyclopedia)
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