Manufacturing Output and Firms
Total Manufacturing Output ($billions, 2021)
$5.28
(Percent share of total gross state product)
7.59%
Manufacturing Firms in Rhode Island (2019)
1,233
Rhode Island Manufacturing Facts
Manufacturers in Rhode Island account for 7.59% of the total output in the state, employing 8.46% of the workforce. Total output from manufacturing was $5.28 billion in 2021. In addition, there were an average of 41,000 manufacturing employees in Rhode Island in December 2021, with an average annual compensation of $80,640.18 in 2021.
Employment and Compensation
Manufacturing Employment (December 2021)
41,000
(Percent share of nonfarm employment)
8.46%
Average Annual Compensation (Manufacturing, 2021)
$80,640.18
(Nonfarm Businesses, 2021)
$59,960.02
Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau
Figure 1
[visualizer id=”689″]
Figure 2
[visualizer id=”691″]
Figure 3
[visualizer id=”693″]
Rhode Island Export Facts
Manufacturers help to drive the Rhode Island economy, with $2.06 billion in manufactured goods exports in 2021.
Manufacturing Exports
Manufactured Goods Exports ($billions, 2021)
$2.06
Top 5 Export Markets (total percentage 2021)
49.73%
Dominican Republic
15.28%
Canada
14.35%
Mexico
7.04%
China
6.68%
Ireland
6.38%
Sources: International Trade Administration, U.S. Census Bureau
Figure 4
[visualizer id=”699″]
Additional Trade Facts
- The 20 U.S. FTA partners purchased 49.38% ($690.92 billion) of U.S. manufactured goods exports in 2021 – even though these countries represent only six percent of the world’s population and 10 percent of GDP.
- FTA countries: Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Israel, Jordan, Mexico, Morocco, Nicaragua, Oman, Panama, Peru, Singapore and South Korea.