UK-Rhode Island trade and investment highlights
Updated 25 June 2021
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The US and UK have a strong trade relationship worth more than $260 billion a year, and a total of $1 trillion invested in each other’s economies. This relationship plays a pivotal role in Rhode Island’s economy and supports over 1,500 jobs in the state.
Rhode Island jobs supported by UK companies
4,400 Rhode Islanders employed by UK subsidiaries in 2018
1,710 jobs are supported by exports from Rhode Island to the UK worth $282 million in 2019.
Value of exports to the UK from Rhode Island
The UK was the 4th largest export market for Rhode Island in 2019
Total value of Rhode Island goods exports to the UK $67 million
Total value of Rhode Island services exports to the UK $215 million
Top exports from Rhode Island to the UK 2019
| Top Rhode Island goods exports to the UK | US$ |
|---|---|
| Miscellaneous manufactured commodities | $9.0 million |
| Miscellaneous fabricated metal products | $7.2 million |
| Motor vehicle parts | $5.8 million |
| Electrical accessories and parts | $4.8million |
| Miscellaneous nonmetallic minerals | $3.3 million |
| Top Rhode Island services exports to the UK | US$ |
|---|---|
| Personal travel and tourism | $42 million |
| Securities transactions | $29 million |
| Miscellaneous financial services | $25 million |
| Insurance services | $20 million |
| Financial management and advisory services | $19 million |
Trends in exports from Rhode Island to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 64,744,563 | 171,315,511 |
| 2011 | 62,149,999 | 176,902,350 |
| 2012 | 92,747,305 | 176,495,912 |
| 2013 | 56,113,480 | 170,011,890 |
| 2014 | 64,713,761 | 182,648,367 |
| 2015 | 57,913,309 | 186,482,192 |
| 2016 | 67,575,501 | 185,125,125 |
| 2017 | 88,321,485 | 211,019,191 |
| 2018 | 55,711,912 | 220,730,387 |
| 2019 | 66,640,239 | 215,283,651 |
Find out more about investing in, and trading with the UK.
Sources
Goods, jobs and services estimates prepared by The Trade Partnership and derived from U.S. government and private industry data.
Companies trading with the UK from US Census, “A Profile of U.S. Importing and Exporting Companies, 2017-2018.”
Estimate of employment by UK subsidiaries from Bureau of Economic Analysis, Foreign Direct Investment in the United States database.