Historically, Ferrol’s economy has been closely tied to its shipbuilding and naval industries, which continue to play a significant role in the city’s economic landscape. The shipyards of Navantia, a leading Spanish state-owned shipbuilding company, remain a key employer in the area, with expertise in constructing military and civilian ships. Over the years, the city has diversified its economy, incorporating sectors such as tourism, manufacturing, and services.
Tourism is an increasingly important industry for Ferrol, with visitors drawn to its cultural festivals, naval heritage, and natural surroundings. In recent years, there has also been growth in eco-tourism, thanks to the region’s beautiful coastal and forested areas, which attract hikers, surfers, and nature lovers. Ferrol is also known for its local crafts, including traditional Galician ceramics and textiles.
Fishing and agriculture remain important in the surrounding rural areas, providing fresh seafood and produce to local markets and restaurants. Ferrol’s port also serves as a hub for fishing and trade, further contributing to the local economy.