The invention discloses a bending type heat exchanger. The bending type heat exchanger comprises a first collecting main, a second collecting main, a plurality of flat pipes and fins, wherein the two ends of each flat pipe are connected with the first collecting main and the second collecting main respectively, and the flat pipes are arranged at intervals in the axial direction of the first collecting main and the second collecting main; each fin is arranged between two corresponding adjacent flat pipes, each fin extends in a ripple shape in the length direction of the corresponding flat pipe, the thickness of each fin is FT, the bigger one of the external diameter of the first collecting main and the external diameter of the second collecting main is OD, the bigger one of the wall thickness of the first collecting main and the wall thickness of the second collecting main is T, the width of each flat pipe is W, the circular arc radius of each fin is FR, the height of each fin is FH, and 0.01<=(100*FT*FR*T) / (FH*OD)<=9. The bending type heat exchanger has the advantages of being reasonable and stable in structure, high in heat exchange efficiency, good in heat exchange performance, high in reliability, convenient to install and apply, good in water discharging performance and the like.