Top 5 Shipbuilding Countries in the World

4. Republic of the Philippines

Percentage of Global Ships Built In 2021: 1.06%

The Republic of the Philippines is one of the most populous countries in the world and has a $1.1 trillion economy. Since the Philippines is primarily an island nation, it also has an advanced shipbuilding industry. The sector is primarily made up of small and medium enterprises. Shipyards are located all over the country, in both its Northern and Southern regions. Some facilities include the Hanjin Shipyard, Tsuneishi, and Keppel Philippines.