So many things that hollywood produces are remakes of foreign movies, except with an order of magnitude more money poured in and palate-switched for american audiences. (which, due to the sheer volume of content that comes out of hollywood- becomes the default international palate).
The entertainment industry in Sweden (girl with the dragon tattoo, a man called Otto) and the UK (the countries I have lived in) is undoubtedly very strong, even comparatively poor (not intended as a slur here) India is quite famous for its bombastic action movies.
Russia too, has some of the most thought provoking movies that I've ever seen. Leviathan and Durak- they even have your "fun" action style movies (Brat and Brat 2 for fantastic examples).
To say that Hollywood produces more and thus sometimes better, and that other counties make slop betrays two things:
1) Hollywood steals vigorously from other countries.
2) Other countries produce works that do not translate well for american audiences.