Huétor Vega has traditionally been an agricultural town, with olive oil and wine production playing significant roles in the local economy. Today, agriculture remains important, particularly the cultivation of olives, which contributes to the production of Andalusian olive oil, known for its quality and flavor.
In recent years, the town has seen growth in tourism and related services, given its proximity to Granada and the Sierra Nevada. Many visitors to the region choose to stay in Huétor Vega due to its quieter environment and local charm. This has led to the development of local businesses such as boutique hotels, restaurants, and artisan shops.
Additionally, the local wine industry is gaining recognition, with several vineyards producing high-quality wines that are exported both locally and internationally. Huétor Vega is also a great place to discover local crafts, such as ceramics and textiles, which are influenced by Andalusian traditions.