High-tech products lead New Mexico’s exports to destinations like Mexico, China, and South Korea. In 2022, New Mexico exported a total of $4.8 billion worth of goods, which help to support over 227,000 jobs in the state.

Job Creation

  • In New Mexico, 227,200 jobs were supported by international trade in 2019, representing 20.1% of all jobs in the state.1,2
  • In 2020, 1,304 companies exported goods from New Mexico of which 83% were small- and medium-sized enterprises. In 2018, 18,300 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • New Mexico exported $5.4 billion in goods to foreign markets in 2021, a 46% increase compared to 2020 driven by continued economic recovery from the impact of the COVID-19 pandemic on the global economy.5
    • Mexico ($3.2 billion)
    • China ($228 million)
    • Canada ($194 million)
    • South Korea ($116 million)
    • United Kingdom ($95 million)
  • Agricultural exports are important to New Mexico's' economy, totaling $926 million in 2020, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $66 million in exports from 11 companies in New Mexico.7

Education and Research

  • During 2020, 2,369 international students were enrolled in New Mexico colleges and universities and contributed $60 million to the New Mexico economy.10

Global Engagement

  • Since 1961, 2,284 Peace Corps volunteers from New Mexico have served in dozens of countries overseas.11