While like other developed States in Mexico Queretaro relies less now on agriculture than before, it is considered to have some of the richest soil in all of Mexico and produces high-quality grains and vegetables.

Manufacturing in Queretaro has increasingly played a larger roll in the local economy, with a particular focus on the aerospace industry. Large international aerospace companies, such as Bombardier, have aggressively expanded to the region, encouraging their supply chain to do the same. The local government has responded accordingly, supporting a rapidly growing base of engineering and technical schools.