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Before Its Fall, Ayutthaya Was the Richest City in the East

Before Its Fall, Ayutthaya Was the Richest City in the East
Credit: Canva

For more than four centuries, Ayutthaya was not merely the capital of the Kingdom of Siam—it was the most prosperous city in the East.

From its founding in 1350 until its destruction in 1767, the city commanded international trade routes, drawing merchants from across Asia, the Middle East, and Europe, and building immense wealth through an organized economic system that was open to the outside world.

Located about 80 kilometers north of present-day Bangkok, Ayutthaya was built on an island encircled by three major rivers. This location was no accident.

Beyond providing natural protection from naval attacks and seasonal flooding, the city sat directly along the strategic corridor linking the Bay of Bengal and the South China Sea, two vital arteries of medieval global trade.

Foreign vessels routinely stopped in Ayutthaya before continuing their voyages, turning the city into a busy and highly profitable transit port.

A Well-Organized Royal Economic Engine

Credit: Public Domain

Ayutthaya’s prosperity rested not only on geography, but also on royal economic policy.

The Siamese king established dedicated institutions to regulate royal trade and monopolize strategic exports and imports. This system created stability while still allowing both foreign and local merchants to thrive.

High-value commodities such as tin, ivory, rhinoceros horn, coconut liquor, and sappanwood were traded extensively with China.

European merchants, who initially struggled to sell heavy textiles, eventually used Ayutthaya as a regional hub—exporting deerskins to Japan and China, and redistributing East Asian goods to other markets.

A credit system enabled large-scale transactions, while the court’s constant demand for services and logistics gave rise to a strong merchant middle class.

Trade reforms under King Prasat Thong further strengthened the local economy. Royal monopolies were tightened, uncompetitive foreign traders were pushed out, and greater economic space was opened for Siamese entrepreneurs.

From this environment emerged the setthi, wealthy local elites who gained access to the royal court and became living symbols of Ayutthaya’s new prosperity.

A Wealthy City That Drew the World In

Ayutthaya’s prosperity was also reflected in the diversity of its population. Around a quarter of the city’s inhabitants were foreigners.

The Chinese formed the largest community, widely dispersed and deeply involved in agriculture, trade, and the metalworking industry.

Muslims from India, Persia, Arabia, and Turkey likewise played crucial roles in international commerce and in the kingdom’s financial administration. Sheikh Ahmad stands out as the most prominent example, rising to a senior position as an adviser to the royal treasury.

Japanese and Portuguese communities added further layers to the city’s cosmopolitan character. The Portuguese, in particular, emerged as the most influential European group—serving as mercenaries, navigators, physicians, and artisans.

Many elements of Thai culinary heritage can ultimately be traced back to their presence. The establishment of foreign enclaves downstream from the royal palace illustrates how Ayutthaya’s wealth attracted people to settle permanently, not merely to pass through.

Read also: Ayutthaya, The World’s Largest City in the 1700s

The Legacy of a World City

After its destruction, Ayutthaya was never rebuilt on the same site. Today, its remains form the Ayutthaya Historical Park, an archaeological area of nearly 300 hectares recognized as a UNESCO World Heritage Site.

Ayutthaya is now known through its towering prang, palace ruins, and monumental monasteries such as Wat Phra Si Sanphet, Wat Mahathat, and Wat Ratchaburana. The city’s layout was meticulously planned, with a structured system of canals, roads, and moats, supported by water-management technology that was remarkably advanced for its time.

Credit: Canva

Foreign influences—from Japan, China, India, Persia, to Europe—merged within Ayutthaya’s art and architecture, creating a distinctive style that was later carried forward into the Rattanakosin era.

Though destroyed, Ayutthaya never truly disappeared. When the capital was moved to Bangkok, its urban patterns and architectural concepts were deliberately emulated. Even today, Bangkok’s official name still contains the word “Ayutthaya,” a lasting tribute to a city that once stood at the heart of the world.

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