The economy of Kerman is mostly based on farming, notably nut farming and also mining. Sarchashmeh Copper mine is the second biggest copper mine in the world after the one located in Chile. Pistachio is an important source of economy in Kerman, with Kerman Province being the biggest producer of pistachio in Iran and all over the world.
Carpet weaving is one of the main industries of the city, and the carpets produced there are renowned internationally. Carpet weaving is a very old tradition in Kerman. The oldest carpet discovered in Kerman, dates from about 500 years ago, which proves the precedence of weaving in this city. Among the most famous Kerman carpet producers of the 19th & 20th centuries include Costigian, Ghastili and Dilmaghani, the latter still in operation & considered an important connection of 19th and 20th century production of carpets in Kerman. Cotton textiles and goats-wool shawls are also manufactured.
A number of modern establishments such as textile mills and brickworks also have been constructed. The province's mineral wealth includes copper and coal.