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Sukhothai: business opportunity & risk index

素可泰府 · สุโขทัย · North
Top-opportunity industryFood & beverage manufacturingOpportunity 69
Highest-risk industryConsumer productsRisk 53

Province at a glance

GPP (THB million)45,153Rank 53 of 77
Income per head (THB/yr)73,251Rank 59 of 77
Population616,419Rank 42 of 77
Visitors1,461,838Rank 50 of 77

Scores for the 12 industries

IndustryOpportunityRiskNational rankSmallMediumLarge
Food & beverage manufacturing692136/77736971
Industrial products682438/777272—
Consumer products665327/7469——
Other businesses (mining, power, water, oil, etc.)593648/766363—
Agribusiness553342/765855—
Property & construction52818/77604651
Other services521842/7753——
Hotels, restaurants & leisure411528/764442—
Financials38064/723942—
Wholesale & retail371175/77413734
Transportation & logistics332372/773636—
Technology products——————

Business survival (share still operating 1–5 years after founding)

IndustryYr 1Yr 2Yr 3Yr 4Yr 55-yr Small5-yr Medium5-yr Large
Agribusiness100.0%100.0%100.0%100.0%66.7%60.0%100.0%—
Food & beverage manufacturing100.0%100.0%91.7%88.9%83.3%82.4%100.0%—
Consumer products100.0%66.7%33.3%33.3%33.3%33.3%——
Industrial products100.0%100.0%100.0%100.0%100.0%100.0%——
Technology products————————
Property & construction100.0%96.6%94.3%94.3%94.3%94.3%100.0%—
Transportation & logistics100.0%100.0%88.9%88.9%88.9%87.5%100.0%—
Wholesale & retail100.0%100.0%95.6%94.5%90.1%90.1%——
Hotels, restaurants & leisure100.0%100.0%100.0%93.9%81.8%81.8%——
Financials100.0%100.0%100.0%100.0%100.0%100.0%——
Other services98.3%93.3%88.3%85.0%81.7%81.7%——
Other businesses (mining, power, water, oil, etc.)100.0%100.0%100.0%100.0%100.0%100.0%——
Show survival for the 44 sub-industries
Sub-industryYr 1Yr 2Yr 3Yr 4Yr 55-yr Small5-yr Medium5-yr Large
Agribusiness100.0%100.0%100.0%100.0%66.7%60.0%100.0%—
Crop farming100.0%100.0%100.0%100.0%66.7%60.0%100.0%—
Livestock————————
Fishery & aquaculture————————
Mixed farming————————
Agricultural support services————————
Forestry, logging & hunting————————
Food & beverage manufacturing100.0%100.0%91.7%88.9%83.3%82.4%100.0%—
Food100.0%100.0%100.0%100.0%90.9%88.9%100.0%—
Non-alcoholic beverages100.0%100.0%100.0%100.0%100.0%100.0%——
Alcoholic beverages100.0%100.0%87.0%82.6%78.3%78.3%——
Consumer products100.0%66.7%33.3%33.3%33.3%33.3%——
Apparel100.0%100.0%0.0%0.0%0.0%0.0%——
Jewelry & accessories————————
Furniture100.0%100.0%100.0%100.0%100.0%100.0%——
Office & household goods————————
Personal products————————
Musical instruments & sporting goods————————
Games & toys————————
Pharmaceuticals100.0%0.0%0.0%0.0%0.0%0.0%——
Tobacco products————————
Industrial products100.0%100.0%100.0%100.0%100.0%100.0%——
Automotive————————
Auto parts100.0%100.0%100.0%100.0%100.0%100.0%——
Transport equipment————————
Industrial materials & machinery100.0%100.0%100.0%100.0%100.0%100.0%——
Packaging & other production inputs100.0%100.0%100.0%100.0%100.0%100.0%——
Paper & printing materials100.0%100.0%100.0%100.0%100.0%100.0%——
Petrochemicals & chemicals100.0%100.0%100.0%100.0%100.0%100.0%——
Steel100.0%100.0%100.0%100.0%100.0%100.0%——
Construction materials————————
Technology products————————
Electronic components————————
Technology equipment————————
Property & construction100.0%96.6%94.3%94.3%94.3%94.3%100.0%—
Construction contracting100.0%96.4%95.2%95.2%95.2%95.2%100.0%—
Property development100.0%100.0%75.0%75.0%75.0%75.0%——
Transportation & logistics100.0%100.0%88.9%88.9%88.9%87.5%100.0%—
Transportation & logistics100.0%100.0%88.9%88.9%88.9%87.5%100.0%—
Wholesale & retail100.0%100.0%95.6%94.5%90.1%90.1%——
General wholesale & retail100.0%100.0%95.4%94.3%89.7%89.7%——
Car & motorcycle dealers100.0%100.0%100.0%100.0%100.0%100.0%——
Hotels, restaurants & leisure100.0%100.0%100.0%93.9%81.8%81.8%——
Hotels & tourism————————
Restaurants100.0%100.0%100.0%0.0%0.0%0.0%——
Recreation100.0%100.0%100.0%96.9%84.4%84.4%——
Financials100.0%100.0%100.0%100.0%100.0%100.0%——
Banking, investment & insurance100.0%100.0%100.0%100.0%100.0%100.0%——
Other services98.3%93.3%88.3%85.0%81.7%81.7%——
Medical100.0%100.0%100.0%100.0%0.0%0.0%——
Media & publishing100.0%91.7%83.3%83.3%80.6%80.6%——
Specialized services95.2%95.2%95.2%85.7%85.7%85.7%——
Machinery repair & installation100.0%100.0%100.0%100.0%100.0%100.0%——
Car & motorcycle repair100.0%100.0%100.0%100.0%100.0%100.0%——
Other businesses (mining, power, water, oil, etc.)100.0%100.0%100.0%100.0%100.0%100.0%——
Other (mining, power, water, oil, etc.)100.0%100.0%100.0%100.0%100.0%100.0%——

Survival = share of a cohort of new firms still operating in year N. “—” means too few firms.

Market indicators by industry

IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)
Agribusiness242,404national market0.04566.7%-3.4%5.0
Food & beverage manufacturing2,464,037national market0.00683.3%-10.9%10.2
Consumer products1,624,101national market0.01433.3%3.7%6.8
Industrial products12,058,429national market0.021100.0%1.9%13.3
Technology products1,054,695national market0.050———
Property & construction2,5180.22094.3%-1.6%8.6
Transportation & logistics5460.19988.9%1.2%6.6
Wholesale & retail13,2300.02990.1%1.1%10.0
Hotels, restaurants & leisure1820.13081.8%-17.2%12.6
Financials4050.409100.0%10.0%7.8
Other services3170.09481.7%9.3%3.1
Other businesses (mining, power, water, oil, etc.)766,468national market0.025100.0%3.3%15.4
Market indicators for Small firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness242,4040.04560.0%-2.1%4.75834
Crop farming25,9610.09360.0%-103.2%1.75838
Livestock196,1630.067—27.3%6.975—
Agricultural support services8,9220.067—2.8%8.064—
Food & beverage manufacturing2,464,0370.00682.4%-4.5%6.87324
Food2,122,1040.00888.9%-4.7%25.17316
Non-alcoholic beverages138,4210.066100.0%-8.9%3.24517
Alcoholic beverages203,5120.08378.3%8.2%0.26839
Consumer products1,624,1010.01433.3%3.7%6.86953
Jewelry & accessories110,0760.091—2.3%2.564—
Furniture66,2570.011100.0%10.9%5.55831
Personal products246,3520.053—27.7%2.675—
Pharmaceuticals326,8900.1360.0%8.7%0.870—
Industrial products12,058,4290.021100.0%1.9%13.37224
Automotive1,880,8360.099—9.1%—81—
Auto parts1,290,8830.008100.0%22.6%5.6868
Industrial materials & machinery1,074,8190.024100.0%3.5%5.4774
Packaging & other production inputs1,149,9590.006100.0%-2.6%12.37412
Paper & printing materials383,0100.021100.0%-1.4%72.6637
Petrochemicals & chemicals4,363,9020.134100.0%2.2%3.57723
Steel1,551,6050.055100.0%2.8%8.9639
Construction materials147,0350.014—4.3%11.965—
Technology products———————
Property & construction2,5180.22094.3%6.5%6.16010
Construction contracting2,4930.22595.2%6.4%6.0599
Property development260.44175.0%8.9%9.24518
Transportation & logistics5460.19987.5%1.3%6.83625
Transportation & logistics5460.19987.5%1.3%6.83516
Wholesale & retail13,2300.02990.1%1.0%7.24111
General wholesale & retail8,9520.03489.7%0.9%5.5418
Car & motorcycle dealers4,2780.125100.0%1.3%30.4467
Hotels, restaurants & leisure1820.13081.8%-43.0%5.74418
Hotels & tourism1670.153—-46.9%12.739—
Financials4050.409100.0%7.3%5.439—
Banking, investment & insurance4050.409100.0%7.3%5.439—
Other services3170.09481.7%9.3%3.15318
Media & publishing30.13380.6%36.4%1.15729
Specialized services1140.06685.7%10.0%1.95220
Car & motorcycle repair1380.334100.0%7.7%3.3445
Other businesses (mining, power, water, oil, etc.)766,4680.025100.0%2.3%13.16337
Other (mining, power, water, oil, etc.)766,4680.025100.0%2.3%13.16837
Market indicators for Medium firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness242,4040.045100.0%-6.2%9.25523
Crop farming25,9610.093100.0%-6.2%9.26019
Food & beverage manufacturing2,464,0370.006100.0%-11.4%75.96914
Food2,122,1040.008100.0%-11.4%75.9688
Consumer products———————
Industrial products12,058,4290.021—1.5%—72—
Packaging & other production inputs1,149,9590.006—1.5%—77—
Technology products———————
Property & construction2,5180.220100.0%0.7%332.8462
Construction contracting2,4930.225100.0%0.7%332.8422
Transportation & logistics5460.199100.0%0.8%0.63615
Transportation & logistics5460.199100.0%0.8%0.6367
Wholesale & retail13,2300.029—3.0%154.337—
General wholesale & retail8,9520.034—-180.7%154.329—
Car & motorcycle dealers4,2780.125—4.3%—49—
Hotels, restaurants & leisure1820.130—-2.8%165.442—
Hotels & tourism1670.153—-2.8%165.435—
Financials4050.409—12.7%37.242—
Banking, investment & insurance4050.409—12.7%37.240—
Other services———————
Other businesses (mining, power, water, oil, etc.)766,4680.025—3.8%42.863—
Other (mining, power, water, oil, etc.)766,4680.025—3.8%42.867—
Market indicators for Large firms
IndustryMarket size (THB m)Concentration (HHI)5-yr survivalAvg. net marginAvg. initial investment (THB m)OpportunityRisk
Agribusiness———————
Food & beverage manufacturing2,464,0370.006—-34.5%36.171—
Food2,122,1040.008—-34.5%36.170—
Consumer products———————
Industrial products———————
Technology products———————
Property & construction2,5180.220—-35.0%7.651—
Construction contracting2,4930.225—-35.0%7.651—
Transportation & logistics———————
Wholesale & retail13,2300.029—1.2%214.434—
Car & motorcycle dealers4,2780.125—1.2%301.434—
Hotels, restaurants & leisure———————
Financials———————
Other services———————
Other businesses (mining, power, water, oil, etc.)———————

Market size: total revenue of firms in the industry (industries marked “national market” are measured nationwide). Lower HHI means a more fragmented, competitive market (below 0.15 competitive, above 0.25 highly concentrated). Survival rate: share of firms still operating.

What makes up the scores (0–100)

IndustryOpportunity componentsRisk components
Market sizeCompetitionMarket stageLabour shortageInitial investmentProfitabilityFS scoreVulnerability to economySurvival risk
Agribusiness1010033931115263933
Food & beverage manufacturing100100098220291817
Consumer products6610033971544415267
Industrial products1001003398293617550
Technology products43993398———81—
Property & construction09904719221436
Transportation & logistics0100100951434273011
Wholesale & retail110067932233121010
Hotels, restaurants & leisure09809627027018
Financials098100911770—50
Other services099337276726818
Other businesses (mining, power, water, oil, etc.)311003395334271000

Each component score shows how much it adds to the opportunity (or risk) index. A high “competition” score means competition is weak and newcomers have room; a high “labour shortage” score means staff are easier to find.

Sub-industries (by opportunity)

Sub-industryIndustryOpportunityRiskNational rank5-yr survivalConcentration (HHI)Avg. net margin
Auto partsIndustrial products8584/45100.0%0.00822.6%
AutomotiveIndustrial products80010/34—0.0999.1%
Petrochemicals & chemicalsIndustrial products762319/72100.0%0.1342.2%
Industrial materials & machineryIndustrial products75421/64100.0%0.0243.5%
Personal productsConsumer products7405/67—0.05327.7%
LivestockAgribusiness7306/70—0.06727.3%
Packaging & other production inputsIndustrial products731316/76100.0%0.006-1.0%
PharmaceuticalsConsumer products70013/560.0%0.1368.7%
Alcoholic beveragesFood & beverage manufacturing683913/5578.3%0.0838.2%
Other (mining, power, water, oil, etc.)Other businesses (mining, power, water, oil, etc.)653634/76100.0%0.0253.3%
FoodFood & beverage manufacturing641320/7790.9%0.008-11.0%
Jewelry & accessoriesConsumer products64011/45—0.0912.3%
Construction materialsIndustrial products63019/75—0.0144.3%
Agricultural support servicesAgribusiness62023/56—0.0672.8%
SteelIndustrial products61963/77100.0%0.0552.8%
Crop farmingAgribusiness583041/7066.7%0.093-15.6%
FurnitureConsumer products573127/58100.0%0.01110.9%
Media & publishingOther services572922/7480.6%0.13336.4%
Construction contractingProperty & construction53722/7795.2%0.225-1.7%
Paper & printing materialsIndustrial products52757/72100.0%0.021-1.4%
Specialized servicesOther services512035/7785.7%0.06610.0%
Non-alcoholic beveragesFood & beverage manufacturing451767/73100.0%0.066-8.9%
Property developmentProperty & construction431827/7375.0%0.4418.9%
Car & motorcycle repairOther services43548/65100.0%0.3347.7%
General wholesale & retailWholesale & retail39872/7789.7%0.0340.8%
Banking, investment & insuranceFinancials38064/72100.0%0.40910.0%
Car & motorcycle dealersWholesale & retail36756/77100.0%0.1251.6%
Transportation & logisticsTransportation & logistics341573/7788.9%0.1991.2%
Hotels & tourismHotels, restaurants & leisure33046/72—0.153-16.0%

Highest-risk business types

Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Laundering by coin-operated washing machines 96202Specialized services047100.0%—
Other management consultancy activities n.e.c. 70209Specialized services045100.0%—
Legal activities 69100Specialized services044100.0%—
Buying and selling of own non-residential real estate 68102Property development344450.0%27.9%
Accounting, bookkeeping and auditing activities; tax consultancy 69200Specialized services394275.0%16.5%
Retail sale of other new goods n.e.c. 47739General wholesale & retail041100.0%—
Construction of utility projects for water and oil 42201Construction contracting040100.0%—
Repair and maintenance of irradiation equipment and electronic medical and therapeutic equipment 33132Machinery repair & installation040100.0%—
Retail sale of other food in specialised stores n.e.c. 47219General wholesale & retail354050.0%8.5%
Manufacture of distilled spirits 11011Alcoholic beverages664078.3%8.2%
Retail sale of cosmetics in specialised stores 47723General wholesale & retail03966.7%—
Construction of utility projects for electric power transmission lines and communication lines 42202Construction contracting038100.0%—
Wholesale of other food products 46319General wholesale & retail03750.0%—
Wholesale of general merchandise on a fee or contract basis 46109General wholesale & retail4437100.0%28.7%
Other land passenger transport n.e.c. 49329Transportation & logistics2433100.0%1.0%
Tour operator activities 79120Specialized services032100.0%—
Manufacture of noodles, instant noodles and vermicelli 10742Food6432100.0%22.1%
Growing of jasmine (non-glutinous) rice 01121Crop farming4431100.0%-103.2%
Television programme production activities 59112Media & publishing03066.7%—
Radio broadcasting (except online) 60101Media & publishing482976.9%39.0%

Highest-opportunity business types

Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Water supply and distribution for household and industrial use through mains 36002Other (mining, power, water, oil, etc.)67——11.7%
Manufacture of medicinal products from plants and animals 21002Pharmaceuticals66—0.0%8.7%
Manufacture of passenger cars 29102Automotive66——9.5%
Manufacture of distilled spirits 11011Alcoholic beverages664078.3%8.2%
Manufacture of furniture of other materials (except stone, concrete or ceramic) 31009Furniture65——10.1%
Manufacture of other basic iron and steel n.e.c. 24109Steel65——5.8%
Manufacture of bodies for motor vehicles 29201Auto parts6516100.0%22.6%
Slaughtering of animals (except poultry) 10111Food6524100.0%6.4%
Manufacture of noodles, instant noodles and vermicelli 10742Food6432100.0%22.1%
Manufacture of jewellery of gems and precious metals 32111Jewelry & accessories63——2.3%
Pre-press services 18121Paper & printing materials6124100.0%83.2%
Manufacture of other passenger motor vehicles 29104Automotive60——-4.5%
Manufacture of metal structural products for construction 25111Steel60——3.6%
Manufacture of plastic packaging products 22220Packaging & other production inputs59——3.2%
Other printing n.e.c. 18119Paper & printing materials5918100.0%2.7%
Other processing and preservation of fruits and vegetables 10309Food58——66.1%
Manufacture of fibre cement products 23954Packaging & other production inputs58——2.3%
Manufacture of wooden furniture 31001Furniture5824100.0%12.3%
Manufacture of concrete products for construction purposes 23951Construction materials57——4.3%
Manufacture of other products n.e.c. 32909Personal products56——27.7%
Show all 116 business types in this province
Business typeSub-industryOpportunityRisk5-yr survivalAvg. net margin
Laundering by coin-operated washing machines 96202Specialized services047100.0%—
Other management consultancy activities n.e.c. 70209Specialized services045100.0%—
Legal activities 69100Specialized services044100.0%—
Buying and selling of own non-residential real estate 68102Property development344450.0%27.9%
Accounting, bookkeeping and auditing activities; tax consultancy 69200Specialized services394275.0%16.5%
Retail sale of other new goods n.e.c. 47739General wholesale & retail041100.0%—
Construction of utility projects for water and oil 42201Construction contracting040100.0%—
Repair and maintenance of irradiation equipment and electronic medical and therapeutic equipment 33132Machinery repair & installation040100.0%—
Retail sale of other food in specialised stores n.e.c. 47219General wholesale & retail354050.0%8.5%
Manufacture of distilled spirits 11011Alcoholic beverages664078.3%8.2%
Retail sale of cosmetics in specialised stores 47723General wholesale & retail03966.7%—
Construction of utility projects for electric power transmission lines and communication lines 42202Construction contracting038100.0%—
Wholesale of other food products 46319General wholesale & retail03750.0%—
Wholesale of general merchandise on a fee or contract basis 46109General wholesale & retail4437100.0%28.7%
Other land passenger transport n.e.c. 49329Transportation & logistics2433100.0%1.0%
Tour operator activities 79120Specialized services032100.0%—
Manufacture of noodles, instant noodles and vermicelli 10742Food6432100.0%22.1%
Growing of jasmine (non-glutinous) rice 01121Crop farming4431100.0%-103.2%
Television programme production activities 59112Media & publishing03066.7%—
Radio broadcasting (except online) 60101Media & publishing482976.9%39.0%
Other business support service activities 82990Specialized services4829100.0%31.2%
Activities of collection agencies 82911Specialized services028100.0%—
Wholesale of rice and rice milling products 46315General wholesale & retail026100.0%—
Retail sale of hardware in specialised stores 47521General wholesale & retail026100.0%—
Electrical installation 43210Construction contracting432575.0%3.4%
Non-specialised wholesale trade 46900General wholesale & retail02450.0%—
Direct selling 47991General wholesale & retail024100.0%—
Transport and handling of goods, including passengers 49323Transportation & logistics272466.7%5.1%
Manufacture of other structural metal products 25119Steel4324100.0%1.7%
Manufacture of wooden furniture 31001Furniture5824100.0%12.3%
Pre-press services 18121Paper & printing materials6124100.0%83.2%
Slaughtering of animals (except poultry) 10111Food6524100.0%6.4%
Plumbing and drainage installation 43221Construction contracting023100.0%—
Construction of residential buildings 41001Construction contracting4123100.0%3.2%
Renting and operating of own or leased non-residential real estate 68104Property development022100.0%—
Primary education for general children 85101Specialized services020100.0%—
Wholesale of other machinery and equipment 46599General wholesale & retail2520100.0%3.8%
Manufacture of bottled purified drinking water and mineral water 11041Non-alcoholic beverages4720100.0%-7.2%
Wholesale of pharmaceutical and medical goods 46441General wholesale & retail019100.0%—
Growing of other perennial crops n.e.c. 01299Crop farming4219100.0%-6.2%
Retail sale of gas and other fuels for household use in specialised stores 47735General wholesale & retail018100.0%—
Computer facilities management activities 62023Media & publishing018100.0%—
Other printing n.e.c. 18119Paper & printing materials5918100.0%2.7%
Retail sale of household furniture in specialised stores 47591General wholesale & retail017100.0%—
Retail sale of stationery and office supplies in specialised stores 47612General wholesale & retail271775.0%4.3%
Retail sale of automotive fuel in specialised stores (service stations) 47300General wholesale & retail281792.3%0.7%
Wholesale of other agricultural raw materials 46209General wholesale & retail3317100.0%0.4%
Other passenger transport by bus 49209Transportation & logistics016100.0%—
Transport management activities 52291Transportation & logistics016100.0%—
Private security activities 80100Specialized services016100.0%—
Combined office administrative service activities 82110Specialized services2916100.0%19.1%
Retail sale of other goods in non-specialised stores 47190General wholesale & retail3816100.0%1.4%
Manufacture of bodies for motor vehicles 29201Auto parts6516100.0%22.6%
Retail sale of rice and rice milling products in specialised stores 47214General wholesale & retail015100.0%—
Retail sale of other household articles in specialised stores 47599General wholesale & retail015100.0%—
Wholesale of agricultural machinery, equipment and supplies 46530General wholesale & retail3114100.0%1.0%
Manufacture of ice for consumption 10795Food4714100.0%-23.4%
Other road freight transport n.e.c. 49339Transportation & logistics013100.0%—
Wholesale of vegetables and fruit 46313General wholesale & retail012100.0%—
Maintenance and repair of bodywork, doors, windows and similar parts 45202Car & motorcycle repair012100.0%—
Sale of new passenger cars, pickups, vans and similar light vehicles 45101Car & motorcycle dealers2712100.0%1.9%
Retail sale of pharmaceutical and medical goods in specialised stores 47721General wholesale & retail3612100.0%2.5%
Manufacture of ready-mixed concrete 23953Packaging & other production inputs5212100.0%-2.9%
Other building completion and finishing 43309Construction contracting011100.0%—
Buying and selling of own real estate 68101Property development011100.0%—
Retail sale of household electrical appliances in specialised stores 47595General wholesale & retail011100.0%—
Rice milling 10611Food4511100.0%-14.8%
Construction of roads, bridges and tunnels 42101Construction contracting010100.0%—
Retail sale of computers and computer peripheral equipment in specialised stores 47411General wholesale & retail2210100.0%3.5%
Manufacture of structural metal for building construction 25112Steel4710100.0%2.5%
Retail sale of flowers, plants and related supplies in specialised stores 47733General wholesale & retail09100.0%—
Convenience stores/minimarts 47113General wholesale & retail209100.0%1.8%
Retail sale of new parts and accessories of motor vehicles 45302General wholesale & retail239100.0%0.7%
Retail sale of other construction materials in specialised stores 47524General wholesale & retail339100.0%0.5%
Construction of non-residential buildings 41002Construction contracting44894.8%2.8%
Other specialised construction activities 43909Construction contracting397100.0%6.7%
Wholesale of other construction materials n.e.c. 46639General wholesale & retail236100.0%-0.5%
Hotels, resorts and serviced apartments 55101Hotels & tourism13——-16.2%
Sale of motorcycles 45401Car & motorcycle dealers14——0.7%
Other credit granting n.e.c. 64929Banking, investment & insurance22—100.0%16.3%
Organization of conventions 82301Specialized services34——-35.3%
Grocery stores 47114General wholesale & retail35——1.6%
Retail sale of jewellery in specialised stores 47732General wholesale & retail37——-0.5%
Manufacture of other non-alcoholic beverages 11049Non-alcoholic beverages38——-20.7%
Quarrying of limestone, gypsum, chalk and dolomite 08102Other (mining, power, water, oil, etc.)39——3.8%
Organization of trade shows and exhibitions 82302Specialized services40——3.8%
Renting and operating of own or leased residential real estate 68103Property development42——3.1%
Financial leasing of motor vehicles 64911Banking, investment & insurance42——803.3%
Production of sausages, meatballs and similar products from meat and poultry 10132Food44——-9.1%
Quarrying of stone for construction 08101Other (mining, power, water, oil, etc.)45——1.8%
Raising of other animals n.e.c. 01499Livestock47——27.3%
Wholesale of other cultural and recreational goods 46439General wholesale & retail47——52.8%
Manufacture of other vegetable oils n.e.c. 10419Food48——-5.0%
Manufacture of chemical fertilizers 20121Petrochemicals & chemicals49——-571.8%
Renting and leasing of construction and civil engineering machinery and equipment 77305Specialized services49——51.5%
Support activities for animal reproduction 01621Agricultural support services50——2.8%
Manufacture of other food products n.e.c. 10799Food50——1.8%
Manufacture of other general-purpose machinery 28199Industrial materials & machinery50——3.5%
Production of fish sauce and fermented aquatic products 10293Food51——-228.3%
Manufacture of prepared feeds for farm livestock 10802Food54——-17,596.4%
Manufacture of paper and paperboard 17012Paper & printing materials54——-1.7%
Slaughtering and packing of fresh poultry meat 10120Food55——3.7%
Manufacture of other refined petroleum products 19209Petrochemicals & chemicals55——3.2%
Manufacture of other products n.e.c. 32909Personal products56——27.7%
Manufacture of concrete products for construction purposes 23951Construction materials57——4.3%
Other processing and preservation of fruits and vegetables 10309Food58——66.1%
Manufacture of fibre cement products 23954Packaging & other production inputs58——2.3%
Manufacture of plastic packaging products 22220Packaging & other production inputs59——3.2%
Manufacture of other passenger motor vehicles 29104Automotive60——-4.5%
Manufacture of metal structural products for construction 25111Steel60——3.6%
Manufacture of jewellery of gems and precious metals 32111Jewelry & accessories63——2.3%
Manufacture of furniture of other materials (except stone, concrete or ceramic) 31009Furniture65——10.1%
Manufacture of other basic iron and steel n.e.c. 24109Steel65——5.8%
Manufacture of medicinal products from plants and animals 21002Pharmaceuticals66—0.0%8.7%
Manufacture of passenger cars 29102Automotive66——9.5%
Water supply and distribution for household and industrial use through mains 36002Other (mining, power, water, oil, etc.)67——11.7%

Business types follow the Thailand Standard Industrial Classification (5-digit TSIC); 936 types have scores.

Other provinces in this region

How to read the scores
  • Opportunity index (0–100): higher means more business opportunity. It combines market size, competition and market conditions with industry factors such as labour and invested capital.
  • Risk index (0–100): higher means higher business risk, e.g. lower survival rates and more volatile performance.
  • “—” means DBD gives no score because there are too few firms of that kind in the province.

Data as of 1 March 2022 · Source: Department of Business Development, DBD DataWarehouse+
Scores published by Thailand's DBD, compiled and translated by Thaiershou. For reference only, not investment advice.

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