State trade fact sheets - New Mexico
- 51 Canadian-owned businesses employ 1,374 workers in New Mexico
- Canada is the #1 customer for most states
- Over 76% of U.S. imports from Canada are goods that are used in the production of other goods
- New Mexico & Canada traded
$55 million in agricultural goods in 2020
Jason Lee, founder and CEO of SmartCone Technologies. Photo: Ottawa Business Journal
Smart Cone Expands to Albuquerque
Ontario-based startup Smart Cone Technologies has expanded operations into Albuquerque in 2020 after securing a finalist spot with the U.S. Army’s 2019 Hyperspace Challenge. SmartCone develops IoT (Internet of Things) technologies to make safety more intelligent, cost-effective, adaptable, scalable, and mobile, all at the highest standards of security and privacy. SmartCone solutions have been used for securing dangerous worksites, controlling bicycle lane traffic, managing vehicle fleets, monitoring traffic incident scenes, mobile and fixed advertising, crowd control, and site security surveillance. With its participation in the Hyperspace Challenge, Smart Cone will be working in New Mexico to develop technology for commercial space use, including tools to measure temperature, vibrations and a host of other atmospheric conditions from the lunar surface and funnel that data back to researchers and companies on the Earth’s surface.
EPCOR Provides Water Resources
Water management is a vital issue in Canada and New Mexico. Canada’s expertise is showcased by EPCOR USA, a subsidiary of the Edmonton, Alberta, municipal utility. EPCOR provides water and wastewater treatment services to 37 communities and counties across New Mexico, Texas, and Arizona. Serving nearly 19,000 New Mexicans and employing more than 30 local residents, EPCOR owns and operates water treatment facilities and infrastructure in the City of Clovis, as well as the greater Edgewood area near Albuquerque. EPCOR also provides wastewater service for the Town of Edgewood. In 2020, to help communities recover from the impacts of COVID-19, EPCOR created a one-time COVID-19 Community Impact Fund focused on providing financial support to locally based non-profits providing essential services.
Canada and the U.S.: There for Each Other
In 2020, Canada and the U.S. again worked together as the COVID-19 pandemic took hold across the world. Canada and the U.S. preserved supply chains across the border, deeming trucking essential. Canada and the U.S. traded important inputs for the production of personal protective equipment and medical equipment, maintaining a thriving bilateral trade in finished goods. Soon after the outbreak, the Canadian Institutes of Health Research began awarding grants to joint research projects proposed by Canadian and U.S. institutions to try and find an end to the virus.
No matter our shared challenges and as we have done in times of crisis, Canada and the U.S. will continue to support one another as friends, partners and allies.
New Mexico exports $132 million in goods to Canada annually
New Mexico exports to Canada by industry
- Agriculture: 16%
- Chemicals: 15%
- Equipment & machinery: 39%
- Minerals & metals: 6%
- Plastics & rubbers: 8%
- Transportation: 4%
- Other: 12%
New Mexico imports $232 million in goods from Canada annually
New Mexico imports from Canada by industry
- Agriculture: 15%
- Chemicals: 5%
- Energy: 3%
- Equipment & machinery: 37%
- Forest products: 10%
- Minerals & metals: 11%
- Plastics & rubbers: 3%
- Transportation: 6%
- Other: 10%
Top New Mexico goods exports to Canada
- Fertilizers: $15 million
- Furniture & bedding: $14 million
- Plastics & plastic articles: $10 million
- Telephones & AV recording equipment: $8 million
- Optical, medical & precision instruments: $6 million
- Vegetables: $6 million
- Pasta, breads & cereal preparations: $5 million
- Iron & steel tubes, pipes & sheets: $4 million
- Oil seeds: $3 million
- Live animals: $3 million
Top New Mexico goods imports from Canada
- Animal feed & food industry residues: $22 million
- Optical, medical & precision instruments: $15 million
- Softwood lumber: $14 million
- Inorganic chemicals: $10 million
- Furniture & bedding: $9 million
- Iron & steel tubes, pipes & sheets: $8 million
- Nickel & nickel articles: $8 million
- Wood & semi-finished wood products: $7 million
- Plastics & plastic articles: $7 million
- Engines & turbines: $6 million
New Mexico exports $188 million in services to Canada annually
Top New Mexico services exports to Canada
- Travel Services: $87 million
- Personal, Cultural & Recreational Services: $31 million
- Business & Professional Services: $26 million
- Royalties: $25 million
- Equipment Installation & Maintenance: $6 million
For more information on New Mexicoâ€™s trade with Canada, please contact our trade team in Dallas.
- Unless otherwise mentioned, all figures are based on 2020 data in U.S. dollars.
- U.S. Census Bureau: goods trade, Canadaâ€™s export ranking (2/2021 release).
- The Trade Partnership: 2019 services exports (estimated, 2/2021 release).
- Dun + Bradstreet: Canadian-owned businesses (3/2021 release).
- Figures may not add up due to rounding.
- Date Modified: