Yulin's economy is dominated by manufacturing, pharmaceuticals, and agriculture. Yuchai Group is the city's economic backbone, employing tens of thousands and supplying diesel engines to markets worldwide — from heavy trucks and buses to ships and construction equipment. The company's success has spawned a supporting ecosystem of parts suppliers and service companies.
The traditional Chinese medicine industry is another pillar. The Yulin Traditional Chinese Medicine Market is one of China's three largest medicine distribution centers, with over 3,000 varieties of herbs and an annual trade value exceeding ¥10 billion. The market serves as a gateway for medicinal materials flowing between China and Southeast Asia.
Agriculture contributes significantly to the local economy. Yulin is a major producer of pomelos (Rongxian Shatian pomelo is nationally famous), longan, lychee, and pork. The Luchuan pig, a local breed, is highly regarded across China for its tender meat. In recent years, the city has been developing tourism around its natural scenery, cultural landmarks, and industrial heritage, adding a new dimension to its economic profile.