Sugarcane, bananas, and tropical fruits, as well as some of Mexico's finest coffee, are Colima's primary agricultural products. Colima is also one of Mexico's largest iron-producing states; the ore is processed at Lázaro Cárdenas. Economic development has been hindered by inadequate communications, although tourism is being developed along the coast.
Once part of the ancient Aztec kingdom of Colima, the region was conquered by the Spanish in the 16th cent. Wars between conservative and liberal forces during the 19th cent. brought much fighting to the state.
City (pop., 2000: 119,639), capital of Colima state, Mexico. Located in west-central Mexico, it lies on the Colima River in the foothills of the Sierra Madre. Founded in 1522, it has played only a minor role in Mexican history because of its inaccessibility. Its industries centre on processing local agricultural products. It is the site of the University of Colima (1867).
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The city of Colima is the capital and main city of the Mexican state and municipality of the same name.
It is one of the oldest cities in Mexico.
Following the fall of Tenochtitlan in 1521, the Spanish conquistadors were quick to reach the west coast. Colima's native king (Spanish: Rey Colimán) organized the defense of his kingdom against the Spanish. 
In 1523 the conquistador Gonzalo de Sandoval founded the first Villa de Colima in Caxitlán, near modern-day Tecomán. However, poor settlement conditions resulted in the founding of the Villa San Sebastián de Colima in what is now the city of Colima.
The new location provided a better climate, lands better suited to cultivation, and proximity to mining.
An earthquake that took place on January 21, 2003, measuring 7.8 in magnitude caused extensive damage and claimed at least 24 lives in both Colima and neighboring Jalisco.
In the 2005 census the city had a population of 123,597 people, and its municipality had a population of 132,273. The municipality encompasses an area of . The Colima metropolitan area, which includes the municipality of Villa de Álvarez, had a population of 232,394.
The mean annual temperature is . The annual precipitation is from 2.5–3.75 inches (64 to 95 mm), a majority of that being recorded from August to September.
The Lic. Miguel de la Madrid Airport (CLQ) is near the capital city, Colima, in the municipality of Cuauhtémoc. The Colima airport is 12 kilometers (7.4 miles) northeast of town on the highway to Guadalajara. Aeromar and Avolar both offer service to and from Colima.