New Mexico

State Quick Facts


Total State GDP

State Land Area (Acres)

Land in Forest

Land in Farms

Number of Farms

Average Farm Size (acres)

Farm Real Estate Value (per acre) 

Agricultural Cash Receipts 

Cash Receipts from Crops 

Cash Receipts from Animals 

Top Ag. Commodities

Dairy Products, Milk

Cattle and Calves

Miscellaneous Crops



Top Ag. Exports

Dairy Products

Tree Nuts

Beef and Veal

Other Plant Products


New Mexico Economic Contribution and Impact Research

In 2018, New Mexico generated around $2.9 billion in agricultural cash receipts with the highest valued commodities being dairy products, specifically milk, cattle and calves, and miscellaneous crops. That same year, the value of New Mexico’s agricultural production and processing industries represented 2.4 percent of total state GDP. Some of the dollars generated by these industries end up being re-spent within the local economy, bringing additional value to the state through “multiplier effects.” Economic impact and contribution studies measure these effects, which can be broken down into direct, indirect, and induced economic effects.

Websites, reports, fact sheets, and articles related to the economic impacts and contributions of New Mexico’s food, fiber, and forest industries can be found below. 


Information related to New Mexico’s food, fiber, and forest industries can be found by visiting the following website(s):

*As of 2018, no standard methodology exists for producing economic impact or economic contribution reports.  Please exercise caution when viewing and comparing reports as each may vary significantly in terms of source data and analysis and reporting methodology.