Covers nuclear reactors, boilers, turbines, engines, pumps, compressors, air conditioning, computers, and a wide range of industrial and office machinery.

2% avg

Chapter 27: Mineral Fuels, Oils

Encompasses crude petroleum, natural gas, coal, coke, petroleum products, and bituminous substances used for energy and industrial purposes.

0.5% avg

Chapter 87: Vehicles (not Railway)

Encompasses motor vehicles, trucks, buses, motorcycles, bicycles, trailers, and vehicle parts and accessories for road transportation.

2.5% avg

Chapter 90: Optical, Medical Instruments

Covers optical, photographic, cinematographic, measuring, checking, precision, medical, and surgical instruments and apparatus.

2.5% avg

Major Ports of Entry

Port of Santa Teresa

Importers based in New Mexico handle approximately $7 billion in goods annually, making it a notable participant in US international trade.

Major ports of entry include Port of Santa Teresa, which handle the bulk of the state's international freight.

The top import partners for New Mexico are MX, CN, CA, and JP, DE. These trading relationships reflect both geographic proximity and industry concentration within the state.

Under the current tariff regime, New Mexico's importers face the Section 301 forced-labor tariff on most non-EU goods — a two-tier 10%/12.5% duty that replaced the flat 10% Section 122 rate on July 24, 2026 — while EU-origin goods fall under the EU-US trade deal's 15% all-inclusive ceiling as of July 1, 2026. The shift from variable IEEPA rates to the narrow 10%/12.5% forced-labor tiers has simplified compliance for many businesses. The forced-labor tariff covers roughly 60 economies; in August 2026, 25 states sued to block it, but CBP continues collecting it while the case proceeds.

Key import product categories for New Mexico include goods from HTS chapters most relevant to the state's industrial base. Businesses in the state should monitor developments in Section 232 (metals), Section 301 (China), and the Section 301 forced-labor tariff (including the August 2026 states' suit challenging it).

Frequently Asked Questions

How much does New Mexico import annually?

New Mexico imports approximately $7 billion in goods annually. Major ports include Port of Santa Teresa.

What countries does New Mexico import from most?

New Mexico's top import partners are MX, CN, CA, JP, DE. These reflect the state's industry mix and geographic position.

How do tariffs affect businesses in New Mexico?

The Section 301 forced-labor tariff — a two-tier 10%/12.5% duty that replaced the flat 10% Section 122 rate on July 24, 2026 — affects most non-EU imports entering New Mexico, while EU-origin goods fall under the EU-US trade deal's 15% all-inclusive ceiling as of July 1, 2026. With $7B in annual imports, even a 1% tariff change represents 0.1 billion dollars in additional costs. Businesses should factor tariff costs into purchasing decisions and explore trade agreement benefits.