What contributed to the development of world trade in the 16-18 centuries?

The development of world trade was facilitated by the great geographical discoveries. After all, it was thanks to them that new lands were discovered, which means that goods could be transported to sell, for example, to America, and not only to neighboring countries or China and India. In addition, from those countries that were opened, they also transported a large number of goods that were not previously available in Europe.
Another factor in the development of world trade lies in the fact that many countries gradually began to move from feudalism to capitalism during this period.