page_title: Michoacán
section_title: Economy
hierarchical_section_title: Michoacán / Economy
caption_attribution_description: English: Contenedores arivando al puerto.
context_page_description: Michoacán, formally Michoacán de Ocampo, officially Estado Libre y Soberano de Michoacán de Ocampo, is one of the 32 states which comprise the Federal Entities of Mexico. The state is divided into 113 municipalities and its capital city is Morelia. The city was named after José María Morelos, a native of the city and one of the main heroes of the Mexican War of Independence.
  Michoacán is located in Western Mexico, and has a stretch of coastline on the Pacific Ocean to the southwest. It is bordered by the states of Colima and Jalisco to the west and northwest, Guanajuato to the north, Querétaro to the northeast, the State of México to the east, and Guerrero to the southeast.
  The name Michoacán is from Nahuatl: Michhuahcān from michhuah and -cān and means "place of the fishermen" referring to those who fish on Lake Pátzcuaro. In pre-Hispanic times, the area was the home of the Purépecha Empire, which rivaled the Aztec Empire at the time of Spanish encounter. After the Spanish conquest, the empire became a separate province which became smaller over the colonial period. The state and its residents played a major role in the Mexican War of Independence.
context_section_description: The economy of the state is based on agriculture, ranching, forest products, fishing and crafts. Most of the population is employed in three sectors: agriculture (34%), mining and manufacturing (23%), and commerce (37%).
caption: Cargo ship at the Lázaro Cárdenas port
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