The invention provides a flux-cored wire for repairing a hot forging die and a using method of the flux-cored wire. The flux-cored wire comprises an alloy steel strip outer skin and flux-cored powder; the alloy steel strip outer skin is prepared from the components including, by mass, 0.20%-0.29% of C, 0.60%-0.70% of Si, 0.5%-0.8% of Mn, less than or equal to 0.01% of S, less than or equal to 0.015% of P, 12%-13% of Cr, 2%-3% of Ni, 4.0%-4.9% of Mo, 0.3%-0.5% of V and the balance Fe; the flux core powder is prepared from the components including, by mass, 55%-60% of rutile, 3%-5% of sodium fluoride, 1%-2% of magnetite, 3%-5% of potassium cryolite, 5%-8% of zircon sand, 4%-7% of potassium titanate, 2%-3% of cerium oxide and the balance Fe. According to the flux-cored wire, main alloy elements are transited through the alloy steel strip outer skin, the transition rate of the alloy elements is increased, so that surfacing metal has good abrasion resistance and impact toughness, and the service life of the hot forging die is prolonged.