Budget 2024

Tax and spend fiscal plan will inhibit growth

New Mexico

New Mexico exports both goods and services to Canada and Canada ranks in the state’s top five global customers.

4,300+

jobs supported

$258 million

total exports

$132 million

goods exports

$127 million

services exports

Top goods exports:
  • Metals and plastics: $25 million
  • Pesticides, fertilizers and chemicals: $18 million
  • Electrical and communications equipment: $16 million
Top services exports:
  • Personal, cultural and recreational: $28 million
  • Transportation and travel: $28 million
  • Business and professional: $28 million

Canada is the United States’ number one customer in the world

Canadian trade and investment support hundreds of thousands of American jobs and benefit communities throughout the United States. The deep economic relationship between the U.S. and Canada is built on shared values, close people-to-people ties, and a robust trade agreement – the U.S.-Mexico-Canada Agreement (USMCA) – which provides the foundation for a more competitive North America.

Notes:
Top goods exports:
  • Metals and plastics: $25 million
  • Pesticides, fertilizers and chemicals: $18 million
  • Electrical and communications equipment: $16 million
Top services exports:
  • Personal, cultural and recreational: $28 million
  • Transportation and travel: $28 million
  • Business and professional: $28 million