The invention provides a fertilizer special for eucalyptus and a fertilizer application method. The fertilizer special for the eucalyptus is characterized in that: a eucalyptus base fertilizer consists of the following fertilizers in percentage by mass: 12 to 30 percent of nitrogen fertilizer, 55 to 70 percent of phosphate fertilizer, 8 to 20 percent of potassium fertilizer, 0.5 to 2 percent of boron fertilizer and 0.2 to 0.5 percent of zinc fertilizer; and a eucalyptus additional fertilizer consists of the following fertilizers in percentage by mass: 20 to 35 percent of nitrogen fertilizer, 50 to 65 percent of phosphate fertilizer, 10 to 30 percent of potassium fertilizer, 0.5 to 2 percent of boron fertilizer and 0.2 to 0.5 percent of zinc fertilizer. The fertilizer special for the eucalyptus contains nitrogen, phosphorus, potassium, boron, zinc, calcium and magnesium which are essential to the growth of eucalyptuses, reduces the waste of fertilizers caused by volatilization, loss and soil absorption and fixation, increases the utilization rate of the fertilizers, improves the growth amount and physiological disease resistance of the forest, develops the fast-growing advantage of the eucalyptuses, realizes the cultivation of short-cycle industrial raw material forest of the eucalyptuses, greatly shortens the circulation period of industrial raw material forest of the eucalyptuses, can also remedy mineral substances and nutrient components which are taken away by hacking the eucalyptuses at the same time to ensure the nutrient balance of the soil, brings maximum economic benefits with minimum fertilizer investment, and realizes the sustainable production of eucalyptus planting areas.