A small amount of quarrying activity takes place in the city, with 46 active mines and quarries in Gyeongju. Most are engaged in the extraction of kaolin, fluorspar and Agalmatolite and Kaolin is exported.
As the capital of Silla, commerce and trading in Gyeongju developed early on. SamgukSagi has records on the establishment of Gyeongdosi(capital area market) in March, 490 during King Soji's reign, and Dongsi (East Market) in 509, during King Jijeung's reign. In the 1830s, Gyeongju had five five-day markets which remained very active until the late 1920s. Due to its size Gyeongju Bunaejang (Gyeongju village market) was referred to as one of the
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