THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46315

Wholesale of rice and rice milling products

ประกอบกิจการค้าส่งและค้าปลีก ข้าวสาร ข้าวนึ่ง และผลิตภัณฑ์ที่เกี่ยวกับข้าวทกชนิด

What this activity covers

This activity involves the wholesale of various types of rice and rice milling products.

  • Wholesale of rice — Includes milled, polished, steamed, or preserved rice
  • Rice milling products — Includes rice germ, bran, broken rice, and scraps

What companies here also do

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

  • Trade in corn — Includes wholesale and retail of corn
  • Trade in cassava — Includes wholesale and retail of cassava
  • Export of rice — Includes exporting rice and rice products
  • Wholesale of packaged rice — Includes selling packaged rice products

Foreign ownership

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.

1,208
active companies operate here
฿40.5Bregistered capital, combined
฿300.3B
Sector revenue · 2025
+14% since 2023
฿549.8M
Net profit · 2025
573 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
5%of new registered capital is foreign-held
฿5.0M foreign฿103.7M Thai

Largely domestic, with some foreign investment.

New in 2026

58+152.2%

registrations, YTD

Registered capital

฿40.5B+8.6%

since year-end

Largest by revenue

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

  1. 1Rice C.P. Co., Ltd.฿24.5B
  2. 2C.P. Intertrade Co., Ltd.฿18.6B
  3. 3General Mills Co., Ltd.฿16.7B
  4. 4Thai Granlux International Rice Co., Ltd.฿12.9B
  5. 5C.P. Food Store Co., Ltd.฿12.4B

Largest by registered capital

  1. 1Asia Golden Rice Co., Ltd.Chachoengsao฿2.5B
  2. 2Thanapornchai Co., Ltd.Bangkok฿2.4B
  3. 3Sangthong Rice Trading (1968) Co., Ltd.Bangkok฿1.9B

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.

234
Registered
since 2022
224
Still active
10
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 58 in 20222026

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.

Talk to Emerhub Thailand