THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46692

Wholesale of fertilizers and agrochemical products

ประกอบกิจการจำหน่ายปุ๋ย ยา และเคมีภัณฑ์ทางการเกษตรทุกชนิด และอุปกรณ์ทางการเกษตร

What this activity covers

Companies in this sector wholesale fertilizers and agricultural chemicals, including various pest control products.

  • Fertilizer Wholesale — Wholesale of various fertilizers, including potting soil
  • Agricultural Chemicals — Wholesale of insecticides, rodenticides, fungicides, and herbicides
  • Pesticide Wholesale — Wholesale of pesticides and related agricultural chemicals
  • Organic Fertilizers — Trade of organic fertilizers for agriculture and industry
  • Agricultural Product Trade — Wholesale of related agricultural products

What companies here also do

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

  • Retail Sales — Retail of fertilizers and agricultural chemicals
  • Import and Export — Import and export of fertilizers and agricultural chemicals
  • Manufacturing — Manufacturing of fertilizers and agricultural chemicals
  • Distribution Services — Distribution of fertilizers and agricultural chemicals

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.

4,589
active companies operate here
฿19.9Bregistered capital, combined
฿223.0B
Sector revenue · 2025
+14% since 2023
฿5.6B
Net profit · 2025
2,442 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
24%of new registered capital is foreign-held
฿119.7M foreign฿384.3M Thai

Foreigners are actively investing in this activity.

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

New in 2026

297+51.5%

registrations, YTD

Registered capital

฿19.9B+17.6%

since year-end

Largest by revenue

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

  1. 1Chia Tai Co., Ltd.฿23.6B
  2. 2HC International Trading Co., Ltd.฿11.6B
  3. 3Yara (Thailand) Co., Ltd.intl฿7.2B
  4. 4Charoen Pokphand Produce Co., Ltd.฿6.8B
  5. 5Y.V.P. Fertilizer Co., Ltd.฿5.8B

Largest by registered capital

  1. 1Charoen Pokphand Agriculture Co., Ltd.Bangkok฿1.5B
  2. 2Charoen Pokphand Produce Co., Ltd.Bangkok฿1.2B
  3. 3W & M Intertrade Co., Ltd.Nonthaburi฿800.0M

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.

1,360
Registered
since 2022
1,265
Still active
95
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 323 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.

Talk to Emerhub Thailand