High-tech products lead New Mexico’s exports to destinations like Mexico, China, and Colombia. New Mexico exports a total of $26.8 billion worth of goods and services annually, which help to support over 230,000 jobs in the state.

• In New Mexico, 230,000 jobs were supported by trade, representing 20.0% of all jobs in the state.^1,2
• In 2023, 1,246 companies exported goods from New Mexico, of which 84% were small- and medium-sized enterprises. In 2022, 20,100 people were employed by affiliates of companies at least 50% foreign-owned.^3,4

• New Mexico exported $26.8 billion in goods and services to foreign markets in 2024. ⁵
  • Mexico ($7 billion)
  • China ($2 billion)
  • Malaysia ($1.5 billion)
  • Taiwan ($255 million)
  • Vietnam ($215 million)
• Agricultural exports are important to New Mexico's economy, totaling $910 million annually, according to the USDA.⁶
• Since 2014, the U.S. Export-Import Bank has financed $71 million in exports from 11 companies in New Mexico.⁷

• From 2023-2024, 2,784 international students were enrolled in New Mexico colleges and universities, contributing $81 million to the New Mexico economy.¹⁰

• Since 1961, 2,300 Peace Corps volunteers from New Mexico have served in dozens of countries overseas.¹¹

1. https://www.uschamber.com/international/trade-agreements/trade-means-growth-for-america?state=
2. https://www.census.gov/foreign-trade/Press-Release/edb/edbrel2023.pdf
3. https://www.bea.gov/sites/default/files/2024-11/imne-1124.pdf
4. https://www.uschamber.com/international/trade-agreements/trade-means-growth-for-america
5. https://www.trade.gov/data-visualization/state-trade-and-economy-factsheets
6. https://www.ers.usda.gov/data-products/state-agricultural-trade-data
7. https://www.ers.usda.gov/data-products/state-agricultural-trade-data/annual-state-agricultural-exports
8. https://www.exim.gov/customer-map/
9. https://www.mcc.gov/work-with-us/contracts-map
10. https://files.peacecorps.gov/documents/Home_states_of_Peace_Corps_volunteers.pdf
11. https://opendoorsdata.org/fact_sheets/state-fact-sheets/
12. https://www.trade.gov/data-visualization/state-trade-and-economy-factsheets