Rhode Island’s manufacturing exports play a key role in economic production and job growth. In 2023, more than 2,000 Rhode Island companies exported a total of $3 billion worth of goods, helping to support more than 137,000 well-paying Rhode Island jobs.

• In Rhode Island, 137,300 jobs were supported by trade, representing 20.9% of all jobs in the state.^1,2
• In 2022, 2,009 companies exported goods from Rhode Island of which 88% were small- and medium-sized enterprises. In 2021, 31,400 people were employed by affiliates of companies at least 50% foreign-owned.^3,4

• Rhode Island exported $3.0 billion in goods to foreign markets in 2023. Rhode Island's largest markets were:⁵
  • Canada ($487 million)
  • Italy ($388 million)
  • Dominican Republic ($331 million)
  • Ireland ($248 million)
  • Mexico ($220 million)
• Agricultural exports are important to Rhode Island's economy, totaling $33.1 million in 2022, according to the USDA.⁶
• Since 2014, the U.S. Export-Import Bank has financed $117 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

• From 2022-2023, 4,786 international students were enrolled in Rhode Island colleges and universities and contributed $258 million to the Rhode Island economy.¹⁰

• Since 1961, 1,114 Peace Corps volunteers from Rhode Island have served in dozens of countries overseas.¹¹

1. https://s3.amazonaws.com/brt.org/Business-Roundtable_TradeandAmericanJobs2022.pdf
2. https://www.businessroundtable.org/policy-perspectives/trade-international/benefits-of-trade-data
3. https://www.census.gov/foreign-trade/Press-Release/edb/edbrel2021.pdf
4. https://www.bea.gov/sites/default/files/2023-08/imne0823_0.pdf
5. https://www.trade.gov/data-visualization/state-economy-and-trade-factsheets
6. https://www.ers.usda.gov/data-products/state-fact-sheets.aspx#.U2ERwbQzqX8
7. https://www.exim.gov/customer-map/
8. https://www.mcc.gov/work-with-us/mcc-business/vehicles/
9. https://ustda.gov/ustda-success-by-state/
10. https://www.nafsa.org/policy-and-advocacy/policy-resources/nafsa-international-student-economic-value-tool-v2
11. https://www.peacecorps.gov/stories/peace-corps-announces-top-2023-volunteer-producing-states/