The invention relates to an as-cast malleable cast iron cylinder sleeve produced through centrifugal casting and a production process of the as-cast malleable cast iron cylinder sleeve. The as-cast malleable cast iron cylinder sleeve comprises the following chemical compositions in percent by weight: 2.7-3.2 percent of C, 1.8-2.2 percent of Si, more than 0 percent and less than 0.1 percent of P, more than 0.03 percent and less than 0.06 percent of S, 0.3-0.8 percent of Mn, 0.005-0.01 percent of B, 1.5-1.7 percent of Cu, 0.06-0.08 percent of Bi, 0.06-0.08 percent of rare earth, 0.002-0.004 percent of Al, and the balance of Fe. The metallographic phases of the cylinder sleeve adopt bulk graphite, more than 95% of pearlite and a small amount of ferrite. The cylinder sleeve is 500 MPa above in tensile strength, is larger than 230 HB in hardness, is larger than 2.0% in elongation, and has the advantages of short production cycle, low cost, high elongation, high tensile strength, and good abrasion resistance.