TSIC Activity

46201

Wholesale of rice in the husk and other grains

ประกอบกิจการขายส่งข้าวเปลือก

What this activity covers

Wholesale of paddy rice and various grains, including corn and wheat.

  • Paddy rice wholesale — Wholesale of paddy rice and glutinous rice
  • Grain wholesale — Wholesale of other grains like corn, wheat, and barley

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Agricultural product trading — Trade in various agricultural products, including cassava and coffee

Not included here

  • Rice wholesale, see activities 46315

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 462

Internal trade connected with native products or produce not yet prohibited by law

Mapped to wholesale of agricultural raw materials and live animals as the closest fit; the statute language is broader.

FBA B.E. 2542, List 3 (13)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity
List 3: Restricted, FBL/BOI route availableinherited from 46

Wholesale of goods of all kinds, where the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority wholesaler is exempt from this List 3 item (no Foreign Business Licence needed) once minimum registered capital reaches the Act's threshold, typically THB 100 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (15)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

2,052
active companies operate here
฿25.6Bregistered capital, combined
฿117.4B
Sector revenue · 2025
-19% since 2023
฿66.6M
Net profit · 2025
777 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
2%of new registered capital is foreign-held
฿7.0M foreign฿326.3M Thai

Almost entirely Thai-held — little foreign capital enters here.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

167-15.7%

registrations, YTD

Registered capital

฿25.6B-0.6%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Agrocorp (Thailand) Co., Ltd.intl฿45.2B
  2. 2Nanaparn Agricultural Industry Co., Ltd.฿2.8B
  3. 3Ruay Sap Thong Thawee Co., Ltd.฿1.8B
  4. 4East West Seed Co., Ltd.฿1.7B
  5. 5R.P.M. FARM AND FEED CO., LTD.฿1.7B

Largest by registered capital

  1. 1Siwat Sap Co., Ltd. Public Company LimitedBangkok฿15.0B
  2. 2R.P.M. FARM AND FEED CO., LTD.Chiang Mai฿440.0M
  3. 3S K Starfruit Co., Ltd.Phetchabun฿355.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

749
Registered
since 2022
717
Still active
32
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 242 in 20252026

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand