South Korea counts on shipbuilding to ease US tariff woes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 22 2025
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Should l Buy ?
Source: Yahoo Finance
South Korea's Shipbuilding Industry: South Korea, the world's second-largest shipbuilding nation, is leveraging its shipbuilding sector as a bargaining chip in trade negotiations with the US amidst ongoing tariffs imposed by President Trump. The industry has seen significant growth, contributing nearly 4% to total exports and employing around 120,000 workers.
Challenges Ahead: Despite recent successes, South Korea's shipbuilding industry faces challenges such as declining market share against China, a need for eco-friendly vessel development, and demographic issues affecting workforce availability. Orders have dropped significantly in early 2025, indicating potential instability in the sector's growth trajectory.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
