Nuevo San Juan Parangaricutiro or Parangaricutirimícuaro is a small village in the Mexican state of Michoacán near the Parícutin volcano.

The city is called Nuevo (Spanish for "new") because the original San Juan Parangaricutiro was destroyed during the formation of the Parícutin volcano in 1943.

[1] Along with the village of Parícutin, San Juan Parangaricutiro was buried beneath ash and lava.

In 2004, the community won the Equator Initiative prize, part of the United Nations Development Programme, which recognizes outstanding indigenous community efforts to reduce poverty through the conservation and sustainable use of biodiversity.

Annually, they produce around 65,000 cubic meters (2.3 million cubic feet) of timber and offer a range of products including resins, construction lumber, finish lumber, pallets, fibers for paper pulp, furniture, and cabins.