Historically, Güímar’s economy has been based on agriculture, with sugarcane and wine being the primary crops grown in the area. Today, the agricultural tradition continues with vineyards, banana plantations, and various fruit farms playing a vital role in the local economy. Güímar is also known for its production of high-quality wines, which have gained recognition in both local and international markets.
Tourism has become increasingly important to the economy of Güímar in recent years, with visitors attracted by the city’s historical landmarks, natural beauty, and outdoor recreational activities. The city has embraced eco-tourism, focusing on sustainable practices to preserve its natural surroundings, which has further boosted its appeal as a travel destination.
Craftsmanship and local markets also contribute to the city’s economy. Güímar is known for its artisanal products, such as pottery, textiles, and handmade jewelry, which can be found in local markets and shops.