Did colonoalism, at the time, contribute much to industrialization in terms of resources? My impression is that during the age of steam, colonial trade/extracti

Did colonoalism, at the time, contribute much to industrialization in terms of resources? My impression is that during the age of steam, colonial trade/extraction was mostly limited to luxuries and food, and colonies certainly provided a market for the factories, whereas the building of an industrial base was still mostly a regional thing. Case in point: Germans tried to copy both colonialism and industrialisation, with polar opposite different levels of success.