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New Mexico flagNicknamed the “Land of Enchantment” located in America’s southwestern region, New Mexico shipped US$15.3 billion worth of products around the world in 2025.
That dollar amount results from a formidable 217.3 % increase from $4.8 billion four years earlier in 2021.
Year over year, the overall value of New Mexico’s exports accelerated by 27.3% compared to $12 billion during 2024.
New Mexico ranks among America’s 25 smallest exporters by state far behind the largest front-runners including Texas, California, New York State, Louisiana, Illinois and Florida.
The value of New Mexico’s exports equals 0.7% of the United States’ overall exported product sales for 2025 (US$2.178 trillion), up from 0.6% for the prior year.
New Mexico’s exported products represent 10% of the state’s total economic output or nominal Gross Domestic Product in 2025 ($152.8 billion).
Given New Mexico’s population of 2.12 million people, its total US$15.3 billion in 2025 exports translates to roughly $7,200 for every resident in the Land of Enchantment state. That dollar metric surpasses the average $5,650 per capita one year earlier in 2024.
New Mexico’s unemployment rate was 4.8% at the end of June 2026, up from a 4% jobless rate for June 2025 per YCharts.
The following export products represent the highest dollar value in New Mexico global shipments during 2025. Also shown is the percentage share each export category represents in terms of overall exports from New Mexico.
Figures were derived from product distinctions at the more granular six-digit Harmonized Tariff System code level, for more precise product identification.
- Integrated circuit processors, controllers: US$6.5 billion (42.7% of total New Mexican exports)
- Computer parts, accessories: $3.9 billion (25.4%)
- Solid-state semiconductor storage devices: $1 billion (6.7%)
- Miscellaneous computer processing devices: $381.1 million (2.5%)
- Machines to transmit, receive voice, image, data: $230.3 million (1.5%)
- Electronic integrated circuits, microassembly parts: $179.3 million (1.2%)
- Cheese including cheddar, colby: $151.5 million (1%)
- Insulated optical fiber cables: $139.7 million (0.9%)
- Static converters, computer power supplies: $137.5 million (0.9%)
- Miscellaneous fans: $124.9 million (0.8%)
New Mexico’s top 10 exports exceeded four-fifths (83.6%) of the overall value of the state’s global shipments.
Parts for electronic integrated circuit and microassemblies represent the fastest grower among New Mexico’s top 10 export categories, propelled by a 686% advance from 2024 to 2025.
Coming in second place with a 679.8% increase were exported miscellaneous computer processing devices ahead of New Mexican exports of processors and controllers for integrated circuits (up 93.9%), insulated optical fiber cables (up 93.8%) then miscellaneous fans (up 19.6%).
The two year-over-year decliners were machines to transmit and receive voice, image and data (down -28%) and computer parts or accessories (down -9.6%).
More Key Facts about New Mexico’s International Trade
New Mexico earned an overall $3.1 billion trade surplus exporting and importing products during 2025, flatlining by a -0.1% slowdown since 2024.
Another way of saying surplus or deficit is positive or negative net exports. In a nutshell, the term “net exports” quantifies the amount by which foreign spending on a state’s goods or services exceeds or lags that same state’s spending on foreign goods or services.
Imports into New Mexico cost a total US$12.2 billion for 2025.
Below are New Mexico’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2025.
- Integrated circuit processors, controllers: US$3.9 billion (32% of total New Mexican imports)
- Computer parts, accessories: $2.3 billion (19.1%)
- Medical, dental, veterinarian instruments: $831.7 million (6.8%)
- Miscellaneous computer processing devices: $690.4 million (5.7%)
- Solid-state semiconductor storage devices: $278.7 million (2.3%)
- Engine and motor parts: $247.2 million (2%)
- Natural uranium: $239.7 million (2%)
- Medical needles, catheters and parts: $234.5 million (1.9%)
- Apparatus to transmit/receive not phones, base stations: $189.3 million (1.6%)
- Machines to transmit, receive voice, image, data: $182.3 million (1.5%)
After years of incurring deficits, New Mexico has turned up positive net exports in the international trade of computer parts and accessories as well as integrated circuit processors and controllers. In turn, these cashflows indicate New Mexico’s emerging competitive advantages under those product categories.
New Mexico’s Major Trade Partners
The following list shows the top 10 customers that purchased 96.5% worth of the total value of products exported from New Mexico during 2025.
- Mexico: US$7.1 billion (46.6% of total New Mexican exports)
- mainland China: $3.1 billion (20.3%)
- Malaysia: $2.8 billion (18.2%)
- Vietnam: $775.4 million (5.1%)
- Japan: $254.3 million (1.7%)
- Poland: $231.2 million (1.5%)
- Canada: $193.5 million (1.3%)
- South Korea: $119.6 million (0.8%)
- Taiwan: $112 million (0.7%)
- Brazil: $56.1 million (0.4%)
New Mexico’s top trade partners in North America–Mexico and Canada–bought almost half (47.9%) of the overall value of exported goods from the state nicknamed the Land of Enchantment.
A competitive percentage (46.7%) worth of New Mexico’s total exports were delivered to its major trade partners in Asia (mainland China, Malaysia, Vietnam, Japan, South Korea and Taiwan).
New Mexican Export Companies
Not one of New Mexico-based corporations rank among Fortune 1000 Companies, a list that showcases America’s largest businesses.
According to Zippia, below are examples of relatively large companies based in New Mexico.
- ARA (international research, engineering)
- Delta Group Electronics (electronics)
- Speridian Technologies (global info technology solutions)
- U.S. Cotton (health/beauty cotton, cotton products)
Shown within brackets for each company is a summary of the products or services which each business sells, some of which are international trade related.
New Mexico’s capital is Santa Fe, a city uniquely nicknamed “The City Different”.
See also Oklahoma’s Top 10 Exports, New Jersey’s Top 10 Exports, Missouri’s Top 10 Exports, Pennsylvania’s Top 10 Exports and Mississippi’s Top 10 Exports
Research Sources:
Department of Numbers, New Mexico GDP (dollars shown in real terms). Accessed on July 22, 2026
FlagPictures.org, Flags of US States. Accessed on July 22, 2026
Forbes, 2021 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 22, 2026
GeoLounge, Fortune 1000 Companies List for 2021 , Fortune 1000 by State and Place. Accessed on July 22, 2026
International Trade Centre, Trade Map. Accessed on July 22, 2026
Investopedia, Net Exports Definition. Accessed on July 22, 2026
State Symbols USA, State Nicknames. Accessed on July 22, 2026
Statista, Real gross domestic product of New Mexico. Accessed on July 22, 2026
United States Census Bureau, QuickFacts: New Mexico. Accessed on July 22, 2026
USA Trade Online, Official Source of Trade Statistics. Accessed on July 22, 2026
Wikipedia, Category:Companies based in New Mexico. Accessed on July 22, 2026
Wikipedia, List of U.S. states and territories by GDP. Accessed on July 22, 2026
Wikipedia, New Mexico. Accessed on July 22, 2026
YCharts, Regional and State Employment and Unemployment Report. Accessed on July 22, 2026
Zippia, These are the 100 largest companies in New Mexico. Accessed on July 22, 2026
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