Overview of New Mexico’s Exports, 2000-2016

Policy makers in New Mexico endeavor to provide an environment that is friendly to job creators so that jobs can be created and goods and services can be produced and exported. Policy makers use tax incentives and other means to boost production and promote exports. This report aims to provide the best objective information available to guide New Mexico’s policymakers in their deliberations and to provide New Mexico’s residents with the background information needed to help them understand the state’s export position. Ideally the report would be able to cover both the import and export sides of international trade but reliable information on state imports is not available. For this reason, the report focuses only on New Mexico’s exports. Three aspects of exports are covered, the volume of exports, direction of exports, and the composition of exports. The report focuses on the 2000-2016 period.