The invention relates to a termite luring and killing medicament and a preparation method thereof. The invention relates to the technical field of termite control. Calculated according to parts by mass, the termite luring and killing medicament specifically comprises the following raw materials: 0.5-2.5 parts of asarum, 1-2 parts of xanthium sibiricum, 0.5-1.5 parts of artemisia apiacea, 2-5 partsof camphor tree leaves, 2-5 parts of melia azedarach, 0.5-1 part of litsea cubeba, 0.1-0.5 part of lindera glauca, 0.5-0.8 part of croton, 0.3-1.2 parts of castor, 1.5-2.5 parts of tung oil tree, 2-3parts of biological additives and 50 parts of baits. The termite luring and killing medicament is developed by utilizing plants, the plants have the characteristics of environmental friendliness, easiness in degradation and harmlessness to human bodies, and various plants are compounded to poison, inhibit pupation and eclosion, sterilize, hinder growth and development and the like on termites, sothat the termite killing effect is improved.