UK-New Mexico trade and investment highlights
Updated 25 June 2021
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The US and UK have a strong trade relationship worth more than $260 billion a year, and a total of $1 trillion invested in each other’s economies. This relationship plays a pivotal role in New Mexico’s economy and supports over 1,500 jobs in the state.
New Mexico jobs supported by UK companies
2,800 New Mexicans employed by UK subsidiaries in 2018
1,790 jobs are supported by exports from New Mexico to the UK worth $279 million in 2019.
Value of exports to the UK from New Mexico
The UK was the 5th largest export market for New Mexico in 2019
Total value of New Mexico goods exports to the UK $28 million
Total value of New Mexico services exports to the UK $251 million
Top exports from New Mexico to the UK 2019
| Top New Mexico goods exports to the UK | US$ |
|---|---|
| Aerospace products and parts | $6.8 million |
| Navigational and measurement instruments | $4.4 million |
| Fruits and tree nuts | $3.2 million |
| Computer equipment | $3 million |
| Basic chemicals | $1.7 million |
| Top New Mexico services exports to the UK | US$ |
|---|---|
| Audio/visual services | $98 million |
| Personal travel and tourism | $54 million |
| Equipment installation and maintenance | $14 million |
| Business travel | $9.4 million |
| R&D and testing services | $9.1 million |
Trends in exports from New Mexico to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 27,436,175 | 203,616,130 |
| 2011 | 28,710,289 | 191,894,116 |
| 2012 | 46,525,421 | 199,788,305 |
| 2013 | 35,242,016 | 186,976,133 |
| 2014 | 28,688,907 | 199,482,908 |
| 2015 | 28,225,789 | 223,720,185 |
| 2016 | 31,146,153 | 223,013,440 |
| 2017 | 26,090,395 | 242,321,341 |
| 2018 | 23,862,630 | 251,430,059 |
| 2019 | 28,068,955 | 250,989,592 |
Find out more about investing in, and trading with the UK.
Sources
Goods, jobs and services estimates prepared by The Trade Partnership and derived from U.S. government and private industry data.
Companies trading with the UK from US Census, “A Profile of U.S. Importing and Exporting Companies, 2017-2018.”
Estimate of employment by UK subsidiaries from Bureau of Economic Analysis, Foreign Direct Investment in the United States database.