2014 New Mexico Export Recap

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nm-mx-exports

  • In 2014, New Mexico led all U.S. states in percentage growth of exports to Mexico with 93% increase. The next highest state was Montana, which saw its exports to Mexico grow by 66%.
  •  Total state exports to Mexico climbed from $802 million in 2013 to $1.549 billion in 2014 (see category breakdown below).
  •  Mexico is New Mexico’s number one export market, accounting for 41% of state exports, followed by Israel at 21%, Italy at 7%, Canada at 6% and both China and Ireland at 3%. Previously, the U.S. Department of Commerce has estimated that more than one-half of the state’s exports to Mexico originate in southern Dona Ana County.
  •  New Mexico’s exports to the world rose 39% in 2014 to a total of $789 billion.

Source: International Trade Administration TradeStats Express http://tse.export.gov/TSE/TSEReports.aspx?DATA=SED

New Mexico Exports to Mexico (top 12 categories):

TOTAL 1,549,325,025
334–COMPUTER AND ELECTRONIC PRODUCTS 755,344,129
335–ELECTRICAL EQUIPMENT, APPLIANCES & COMPONENTS 114,713,367
332–FABRICATED METAL PRODUCTS, NESOI 113,930,475
324–PETROLEUM & COAL PRODUCTS 108,627,797
336–TRANSPORTATION EQUIPMENT 91,014,258
326–PLASTICS & RUBBER PRODUCTS 66,407,257
930–USED OR SECOND-HAND MERCHANDISE 63,658,176
311–FOOD MANUFACTURES 51,977,950
333–MACHINERY, EXCEPT ELECTRICAL 42,665,342
322–PAPER 37,899,317
325–CHEMICALS 32,760,363
331–PRIMARY METAL MFG 19,118,719

 

Summary:

Computer and Electronic Products 755,344,129
Electrical Equipment, Appliances & Components 114,713,367
Fabricated Metal Products 113,930,475
Petroleum & Coal Products 108,627,797
All Others 456,709,257