Province of Alicante - Economy

Economy

The main industries in Alicante Province are, in the primary sector, intensive agriculture, specially in the fertile Vega Baja del Segura, Camp d'Elx (Elche's countryside) and vineyards in the inner part of the province (Monforte, Novelda, Pinós), also near the coast in the Marina Alta area. Fishing is important all along the coast, with important fishing harbours such as Santa Pola, Calp or Denia.

Industry has been historically important in the textile sector around Alcoy. Footwear still remains as the flagship industrial sector of the province, which occurs in Elche, Elda, Petrer and Villena, both labour intensive footwear and, specially, textile are at a low ebb due to harsh competition from fast pace growing economies in Asia. The traditionally important toys industry around the Ibi and Onil area is another one competing internationally with those same areas.

A sector which has gained preeminence during the last 20 years is marble quarrying and processing, it happens mostly in the Novelda and Pinós area.

Still, what the province is known for is its massive tourism sector. The Costa Blanca generally mild and sunny weather attracts hundreds of thousands of tourists from other European countries such as the Netherlands, the UK and Ireland, Germany, Belgium, Norway or France and also from other parts in Spain like Madrid. Thousands of families from other places own a second home in the Alicante Province which they use for their vacation time.