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The trick I found with Wallachia was to just keep conquering all my smaller trade rivals. Eventually it'll be only you and a handful of medium/strong powers and some of them you can embargoe.
So just keep focusing on a strong military campaign and wipe your rivals off the map and the trade income will come.
Edit: Don't forget about Power Projection as it can give you some very nice bonuses not only in Trade but in other areas as well.
But countrys even further down the trade stream send merchants up to ragusa (Hamburg, Hansa, Wurzburg, Hesse ...) and every single one getting the 30,40,50 tradepower simply for sending the merch and steering towards inland. This problem should apply to all inland nodes near the HRE or any other area with many small nations. A single merchant gives as much trade power as owning the whole ****ing area (~50). Its just nonsense and trade ships and trade buildings in any such node are not worth **** anymore ...
Inland Trading:
- Several trade nodes in the game are designated as inland trading nodes where trading nations can use their influence to gain direct power even without provinces or ships.
- When having a merchant in inland trade nodes, you now get direct bonuses from your trade efficiency as well as some ideas.
- When having a merchant steering towards an inland Trade Node merchant republics as well as nations with Plutocratic and Trade ideas get direct bonuses.
The bonuses mentioned are so huge when added up between several small nations that even with complete control over all provinces of a node and a sizeable fleet protecting trade the largest chunk of the trade is redirected to Vienna instead of Venice. And I agree that this is certainly stupid and should not happen. When somebody has managed to actually control every single province and has trade fleet that does not pale in comparison with the ships other nations send to the node then that should amount to 50% influence in that node MINIMUM.
Here is a screeshot of my current Trade situation in Europe as Ireland:
http://steamcommunity.com/sharedfiles/filedetails/?id=266995560
I have no problem dominating Lubeck, Antwerp (2nd largest TP) and London. Now on a side note you can see that Austria is having all of it's Wein trade stolen inland but they are pushing that stolen trade from Frankfurt to Antwerp where they have the most Trade Power of anyone.
So I'm not yet convinced the system is broken even though the Wein situation is worrying. I'm still learning about all the new changes in 1.6 like everyone else.
It also doesn't negate my argument that with the proper Ideas, tech and units that trade can still be competed for against strong inland rivals. Nils is only using 40 Caravals 100 years into the game, he's no longer a Merchant Republic and I'm not sure if he has Trade ideas finished or Plutocratic Ideas. Some decisions and policies can also help.
Edit: lol, my bad. i just realized venice is cut off in that screenshot. My computer gremlins will be sacrificed! But it's value is at 32.
The first and more obvious, send trade ships to Ragusa. Im sending 80 trade ships there, and 70% of the gold is going to venice. Since I Own every province in Venice, I barely need shps there.
The Second option, is to steer the gold throug the Gulf of Aden into Alexandria and then straight into Venice.
One thing that helps a little bit. Send your own merchants to Krakow and Wien to steer some back into Venice.
With the new Merchant from the Trade Companies, its easy to steer the money in the direction you want. Right now Im working on Genoa to get all that money that gomes through the Ivory Coast into Tunisia.
I almost forgot. Always build Trade buildings in the Ragusa node provinces. That node is very important to keep money flowing into Venice.
And Id love to go through Alexandria, but Im not that far advanced into asia yet. My control ends at persia and basra. Tax and Production produce double the money (50-60) of trade anyhow, so i will just live with it and save my dip points for annexing (thats also so expensive my dip tech is stagnant despite ruler with 6 and +3 advisor :< )
Thats quite disappointing though as i had a trade empire encompassing the asian continent in mind when i started as venice :x