THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46530

Wholesale of agricultural machinery, equipment and supplies

ประกอบกิจการจำหน่ายรถไถนา เครื่องจักร เครื่องยนต์เพื่อการเกษตร อุปกรณ์เพื่อการเกษตร และบริการหลังการขาย

What this activity covers

Wholesale of agricultural machinery and equipment, including tractors and related supplies.

  • Agricultural machinery — Wholesale of tractors and related equipment
  • Lawn mowers — Wholesale of all types of lawn mowers
  • Poultry farming machinery — Wholesale of machinery for poultry farming
  • Beekeeping machinery — Wholesale of equipment for beekeeping
  • Agricultural tools — Wholesale of various agricultural tools and supplies

What companies here also do

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

  • Parts distribution — Selling parts for agricultural machinery
  • Export activities — Trading and exporting agricultural machinery
  • Retailing equipment — Retail sales of agricultural equipment

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.

2,402
active companies operate here
฿16.1Bregistered capital, combined
฿94.4B
Sector revenue · 2025
-5% since 2023
฿1.3B
Net profit · 2025
1,238 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
11%of new registered capital is foreign-held
฿12.0M foreign฿99.3M Thai

Foreigners are actively investing in this activity.

New in 2026

86+2.4%

registrations, YTD

Registered capital

฿16.1B-6.2%

since year-end

Largest by revenue

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

  1. 1Charoen Pokphand Engineering Co., Ltd.฿2.4B
  2. 2Kaset Phan Industry Co., Ltd.฿2.1B
  3. 3Satake Asia Co., Ltd.฿1.7B
  4. 4Kubota Asia Co., Ltd.฿1.7B
  5. 5Min Sen Machinery Co., Ltd.฿1.5B

Largest by registered capital

  1. 1IST Farm Machinery Co., Ltd.Pathum Thani฿924.3M
  2. 2Kaset Phan Industry Co., Ltd.Samut Prakan฿804.9M
  3. 3S. THAVEE TRACTOR CO., LTD.Pathum Thani฿500.5M

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.

603
Registered
since 2022
558
Still active
45
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 158 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