The invention provides an externally-applied weight-reducing liquid. The invention also discloses a preparation method of the externally-applied weight-reducing liquid, which aims to provide an externally-applied weight-reducing liquid capable of being no harm to human bodies and good in weight-reducing effect. The technical points of the invention are as follows: the externally-applied weight-reducing liquid is prepared from the following raw materials in parts by weight: 70-90 parts of deionized water, 1-3 parts of corn stigma, 2-4 parts of waxgourd seed, 2-4 parts of Rhizoma Alismatis, 1-3 parts of Polyporus umbellatus, 1-3 parts of Rhizoma Dioscoreae, 2-4 parts of Lophantherum gracile Brongn, 1-3 parts of Radix Codonopsis, 1-3 parts of white poria, 3-5 parts of phaseolus calcaratus, 1-3 parts of camitine, 1-7 parts of bath salt, 1-3 parts of Astragalus mongholicus, 1-3 parts of Menthol, 1-3 parts of Boldine, 1-3 parts of water soluble azone, 2-4 parts of Cocoa Butter, 1-3 parts of pyruvic acid, 1-4 parts of tartronic acid, 2-4 parts of propylene glycol, 1-3 parts of chillies, 1-3 parts of methylparaben and 1-3 parts of propylparaben. The invention belongs to the field of the preparation technology of the traditional Chinese medicine.