THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46209

Wholesale of other agricultural raw materials, not elsewhere classified

จำหน่ายนมวัวสด

What this activity covers

Wholesale of various agricultural raw materials not classified elsewhere, including vegetable and textile raw materials.

  • Vegetable raw materials — Wholesale of vegetable raw materials and straw
  • Textile raw materials — Wholesale of wool, animal hair, and silk
  • Raw hides and leather — Wholesale of fresh, salted, dried, and preserved hides and leather
  • Other agricultural raw materials — Wholesale of items like raw milk, honey, and insect wax
  • Forest products — Wholesale of forest products excluding wood
  • Edible animal products — Wholesale of unclassified edible animal products

What companies here also do

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

  • Trade agricultural products — Includes various agricultural goods like fruits and vegetables
  • Sell processed goods — Includes selling processed agricultural products
  • Transport agricultural materials — Transporting unclassified agricultural raw materials
  • Buy and process seeds — Involves sourcing and processing different types of seeds

Not included here

  • Wholesale of textile fibers See activities 46699
  • Wholesale of rubber in primary form, such as raw latex, concentrated latex. See activity 46693.

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.

4,432
active companies operate here
฿25.1Bregistered capital, combined
฿180.3B
Sector revenue · 2025
-1% since 2023
฿1.2B
Net profit · 2025
1,730 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
10%of new registered capital is foreign-held
฿21.7M foreign฿195.3M Thai

Foreigners are actively investing in this activity.

New in 2026

136-33.0%

registrations, YTD

Registered capital

฿25.1B+2.0%

since year-end

Largest by revenue

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

  1. 1Bangkok Produce Public Company Limited฿17.5B
  2. 2Paco Trading Co., Ltd.฿17.5B
  3. 3Sawasdee Paiboon Agriculture Co., Ltd.฿7.7B
  4. 4SMS Corporation Co., Ltd.฿7.0B
  5. 5Rung Rueng Pol Co., Ltd.฿5.8B

Largest by registered capital

  1. 1Centennial Energy (Thailand) Co., Ltd.Samut Prakan฿1.7B
  2. 2Ubon Bio Agriculture Co., Ltd.Ubon Ratchathani฿1.2B
  3. 3EP Advanced Materials Co., Ltd.Prachin Buri฿801.0M

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.

2,127
Registered
since 2022
1,888
Still active
239
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2021peak 684 in 20232026

Largest active companies by registered capital

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.

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