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New Mexico: Trade Statistics

Exporter Rank

38 / 50

Importer Rank

43 / 50

Trade Balance Rank

12 / 50
Note: USA Trade Online Data 1 (2021) are used for computing ranks.

Total Trade [1]

Total Exports (2021) (Origin of Movement) $10,921,289,450
Total Imports (2021) $11,895,714,238
Trade Balance (2021) -$974,424,788

Impact of Trade [2]

Total Export-Supported Jobs Related to Manufacturing14,958 (2016)
No. of Businesses Selling Products Overseas992 (2016)
Percentage of Exporters Classified as Small and Medium-size Companies86% (2016)
Percentage of Exports by Small and Medium-size Companies53% (2016)

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Mexico $2,473,670,125
China $1,466,710,621
Canada $157,709,502
Panama $156,649,045
Singapore $146,513,817
Taiwan $124,194,538
Korea, South $114,687,382
Costa Rica $99,805,419
Belgium $68,184,912
Germany $61,764,156

Import Partners

Top 10 Import Countries

Country Import USD$
Mexico $2,180,417,942
China $1,966,501,507
Canada $444,431,437
India $247,298,540
Palau $208,352,177
Japan $99,483,376
Switzerland $97,041,747
Ukraine $92,850,519
Holy See (Vatican City) $92,289,761
Korea, South $82,144,265

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $4,140,430,294
(84) Industrial Machinery $2,672,639,488
(88) Aircraft $981,979,290
(90) Precision Instruments $660,555,158
(39) Plastics $363,506,116
(27) Oil & Mineral Fuels $294,732,580
(38) Chemical Products $236,064,696
(73) Iron & Steel Articles $142,397,950
(31) Fertilizers $115,507,050
(72) Iron & Steel $99,879,906

Top 10 Import Goods

HS Code Import USD$
(84) Industrial Machinery $4,121,283,502
(90) Precision Instruments $2,218,429,922
(85) Electrical Machinery $2,177,236,050
(98) Nesoi $773,018,110
(39) Plastics $383,516,824
(28) Inorganic Chemicals $373,647,288
(73) Iron & Steel Articles $320,733,376
(94) Furniture $168,765,662
(44) Wood $84,165,152
(87) Motor Vehicles & Parts $83,416,624

Sources

  1. USA Trade Online (2021).
  2. International Trade Administration (Accessed on November 1, 2018)
New Mexico