The Thailand Film Office (TFO) has reported that revenue from all foreign productions shooting in Thailand has reached $46.5m in the first five months of 2012, which is a 17.5% increase over revenues for the whole of last year

Revenue from all foreign productions, including films, TV series, documentaries, commercials and music videos, reached around $39.6m during the 12 months to December 2011.

The largest volume of productions came from Japan, with 59 productions, India (50) and Europe (48). High-profile international productions to recently shoot in Thailand include Gaumont and Wild Bunch’s Only God Forgives, directed by Nicolas Winding Refn and starring Ryan Gosling and Kristin Scott Thomas.

The TFO attributed the growth to recent roadshows which took in visits to film markets and location tradeshows in Hong Kong, London, Cannes and Los Angeles.

A recent visit to the Association of Film Commissioners International (AFCI) Locations Show in LA (June 15-16) is expected to result in further business.

The TFO will also conduct its first inbound roadshow for international location scouts, Hollywood studio execs and major international producers later this year.

Earlier this year, TFO director Wanasiri Morakul moved to a new role in the Department of Tourism’s Ministry of Tourism and Sports.