Caudete’s economy has traditionally been rooted in agriculture, with olive groves, vineyards, and wheat fields dominating the landscape around the town. Olive oil production, in particular, plays a significant role in the local economy, with several small, family-owned businesses producing high-quality oils. These local products are known throughout the region for their excellent flavor and quality.
In recent years, there has been a push toward more diverse industries, including manufacturing and small-scale local crafts. Caudete is known for its traditional pottery and handcrafted textiles, which attract visitors looking for authentic, locally-made products. Tourism also plays a growing role in the economy, as more visitors come to explore its historical landmarks, natural surroundings, and cultural festivals.
The town also has a thriving wine industry, with vineyards producing wines that are becoming more recognized on both national and international markets. Agriculture remains a dominant industry, but with a modern twist, as the town begins to focus more on organic farming and sustainable practices to attract a new wave of eco-conscious visitors and businesses.