The invention discloses a telescopic array type portable MIMO-SAR (multiple-input multiple-output synthetic aperture radar) measurement radar system and an imaging method thereof. The system comprises a telescopic MIMO antenna array, a radar transmitting/receiving machine, a control and processing computer, a liftable antenna frame and the like. The system has the advantages in an aspect of meeting field diagnosis and measurement of scattering properties in using and maintenance processes of a low detectable target that firstly, quick detection, positioning and imaging diagnosis of an abnormal scattering part of the low detectable target can be realized, that is, an MIMO-SAR different from a linear guiderail SAR in mechanical scanning imaging can finish high-resolution two-dimensional imaging of a measured target through one-time or two-time 'snapshot' electric scanning imaging; secondly, the requirement on a target test site environment is lowered, that is, guide rails for precision mechanical screening measurement do not need to be mounted in a target test site, so that the requirement on the site test environment in imaging diagnosis and measurement operation processes is greatly lowered; thirdly, the antenna array is telescopic, so that miniaturization, quick unfolding and folding as well as portability of the measurement radar system can be easily realized.