Rhode Island: Facts and Figures

Rhode Island’s manufacturing exports play a key role in economic production and job growth. Over 2,000 Rhode Island companies export a total of $5.1 billion worth of goods and services annually, helping to support more than 140,000 good-paying Rhode Island jobs.

Job Creation

  • In Rhode Island, 140,000 jobs were supported by trade, representing 20.0% of all jobs in the state.1,2
  • In 2023, 2,020 companies exported goods from Rhode Island, of which 88% were small- and medium-sized enterprises. In 2022, 33,000 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • Rhode Island exported $5.1 billion in goods and services to foreign markets in 2023. 5
    • Canada ($713 million)
    • Italy ($412 million)
    • Mexico ($353 million)
    • Ireland ($346 million)
    • Dominican Republic ($307 million)
  • Agricultural exports are important to Rhode Island's economy, totaling $41 million annually, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $119 million in exports from 14 companies in Rhode Island.7
  • Since 1992, the U.S. Trade and Development Agency has helped facilitate $248 million in exports from Rhode Island companies.9

Education and Research

  • From 2023-2024, 4,982 international students were enrolled in Rhode Island colleges and universities, contributing $280 million to the Rhode Island economy.10

Global Engagement

  • Since 1961, 1,116 Peace Corps volunteers from Rhode Island have served in dozens of countries overseas.11