New Mexico: Facts and Figures

High-tech products lead New Mexico’s exports to destinations like Mexico, China, and Columbia. New Mexico exports a total of $15.3 billion worth of goods and services annually, which help to support over 230,000 jobs in the state.

Job Creation

  • 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, 22,000 people were employed by affiliates of companies at least 50% foreign-owned.3,4

Exports and Growth

  • New Mexico exports about $26.8 billion in goods and services to foreign markets in 2024. 5
    • Mexico ($7.1 billion)
    • China ($3.1 billion)
    • Malaysia ($2.8 billion)
    • Vietnam ($775 million)
    • Japan ($254 million)
  • Agricultural exports are important to New Mexico's economy, totaling $912 million annually, according to the USDA.6
  • Since 2014, the U.S. Export-Import Bank has financed $72 million in exports from 11 companies in New Mexico.7

Education and Research

  • From 2024-2025, 2,943 international students were enrolled in New Mexico colleges and universities, contributing $85 million to the New Mexico economy.10

Global Engagement

  • Since 1961, 2,305 Peace Corps volunteers from New Mexico have served in dozens of countries overseas.11