In 2024-2025, China built warships with a total volume of 636,200 tons worth $43.5 billion, more than double that of the United States, according to the World Defense Shipbuilding Report. The American data for the same period amounted to 270.5 thousand tons for 26.8 billion dollars, although in 2022-2023 Washington was ahead of Beijing. Russia took third place in terms of naval construction volume, producing ships worth 149,000 tons.