International trade supports about 218,000 jobs in New Mexico — about one in five jobs — at companies of all sizes, according to the New Mexico-based Business Roundtable. While exports bring money to New Mexico producers in an obvious way, imports also bring money to the state by supplying materials that keep the state’s manufacturers and retailers competitive.
In 2010, 1,056 New Mexico companies imported products to sell or use in manufacturing. Nearly 64 percent of these importers were small businesses with fewer than 20 employees.
Businesses new to importing can save money by using the services of trade professionals and learning the lingo of international trade.