Historically, Mieres was a major industrial center, with coal mining and metallurgy as the primary economic drivers. While these industries have diminished in recent decades, their legacy still shapes much of the city’s identity and landscape. Today, Mieres is transitioning toward a more diversified economy, with growing sectors in services, tourism, and education, thanks in part to the University of Oviedo’s campus located in the city.
Agriculture and local craftsmanship also play important roles in the economy. The fertile valleys surrounding Mieres produce a variety of crops, and local artisans maintain the region’s traditions through crafts like pottery and woodwork. Tourism is increasingly becoming a key industry as the city capitalizes on its cultural and natural assets.
Mieres’ economy is further supported by small and medium-sized enterprises (SMEs), many of which specialize in food production, renewable energy, and services related to the region’s growing tourism sector.