Manufacturing Economy Monitor

Plastics and Rubber Products Manufacturing in New Mexico

Plastics and Rubber Products manufacturing added $119M of value to New Mexico's economy in 2024, down 9.4% year over year. That ranks New Mexico 44th of 51 states and DC for this industry. It is 2.5% of New Mexico's manufacturing output. Nationally, plastics and rubber products is a $101B industry (the 10th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.

Output and rank

  • Value added: $119M in 2024, #44 of 51 states and DC for this industry.
  • Growth: -9.4% year over year.
  • Share of New Mexico's manufacturing: 2.5% of the state's total manufacturing value added.
  • National context: plastics and rubber products is a $101B industry nationally, #10 of the 19 manufacturing subsectors (-0.1% year over year).
  • Classification: nondurable goods manufacturing (BEA subsector 326).

Frequently asked questions

  • How big is the plastics and rubber products industry in New Mexico? Plastics and Rubber Products added $119M of value in New Mexico in 2024, ranking the state 44th of 51 for this industry, per BEA state GDP-by-industry data.
  • Is plastics and rubber products growing in New Mexico? New Mexico's plastics and rubber products output shrank 9.4% year over year to 2024. The chart above traces the full annual series since 1997.
  • What share of New Mexico's manufacturing is plastics and rubber products? Plastics and Rubber Products is 2.5% of New Mexico's total manufacturing value added in 2024, per BEA state GDP-by-industry data.

About this data

  • Source: U.S. Bureau of Economic Analysis (public domain). National quarterly values are seasonally adjusted annual rates. Corporate-profit industry detail reflects inventory valuation adjustment without capital consumption adjustment, per NIPA table 6.16D conventions.

Last reviewed 2026-05-12.