Biggest exports from New Mexico
The U.S. trade deficit neared $1 trillion in 2022, hitting a record high.
At the same time, total exports grew faster than imports, and select U.S. exports are experiencing particularly high surges. The war in Ukraine led many European countries to import U.S. oil as they largely stopped importing from Russia. U.S. farm exports surpassed records as values grew across main markets, including China, Mexico, Canada, Japan, and the European Union.
Nationwide, the largest 2022 exports were fuel, oil, and byproducts; nuclear reactors, boilers, machinery and mechanical appliances; electronics; vehicles; and aircraft, spacecraft, and aerospace parts. But each state specializes in its own combination of commodities that contribute to the national export catalog.
Stacker compiled a list of the 30 largest exports from New Mexico in 2022 using trade data from the Census Bureau. Stacker considered all 98 export categories included in the global harmonized system in its rankings. Read on to see the top exports in your state.
#30. Inorganic chemicals; precious and rare earth metals and radioactive compounds
#29. Nickel and articles thereof
#28. Albuminoidal substances; modified starches;
glues; enzymes
glues; enzymes