The invention belongs to the technical field of plaster and its preparation. The invention discloses an external plaster for treating joint pain and arthritis and a preparation method thereof. The plaster is composed of capsicum, menthol, borneol, rubber, lanolin, zinc oxide, rosin, beeswax, coating agent and gasoline and other raw materials, and its preparation method consists of steps such as material preparation, pharmacy, rubber mixing, coating, beating, glue coating, drying and post-treatment. (1) The external plaster used for the treatment of joint pain and arthritis in the present invention has the functions of dispelling wind and cold, relaxing tendons and activating collaterals, reducing swelling and relieving pain, etc., and can be used for joint pain, backache, sprain, bruise and chronic arthritis and the treatment of diseases such as non-ulcerated chilblains; at the same time, it has good air permeability, has a good sustained-release effect, and the drug has a long onset time; the preparation method of the external plaster for treating joint pain and arthritis in the present invention is simple, Easy to implement on existing equipment.