Benavente has long been a center for agriculture, thanks to its fertile surrounding lands. The city has traditionally been known for producing grains, fruits, and vegetables, as well as high-quality livestock, particularly cattle. This agricultural focus remains a vital part of its economy, though in recent years, Benavente has diversified its industries to include logistics and manufacturing due to its strategic location at a transportation crossroads.
Tourism is another growing sector, fueled by the city’s historical attractions, festivals, and proximity to major pilgrimage routes. Local markets, which sell a wide variety of fresh produce and artisanal goods, contribute significantly to the economy, offering unique products such as handmade crafts, wines, and cheeses.
The city also has a burgeoning services sector, with a focus on hospitality and event management, making it an increasingly popular destination for conferences and cultural events.