The invention relates to a tissue displacement estimation method and system based on ultrasonic echo radio frequency signals. The method includes a converting step, namely converting the entire-frame ultrasonic echo radio frequency signals into analytic signals; a segmenting step, namely segmenting the entire-frame analytic signals according to the preset window length and acquiring segmented window data segments; a product summary step, namely performing once no-offset product summary on the segmented window data segments corresponding to two adjacent frames and acquiring a target plurality; a phase calculating step, namely calculating the phase of the target plurality; and a corresponding displacement estimating step, namely utilizing the phase to calculate and acquire corresponding displacement between two frame signals. According to the tissue displacement estimation method based on the ultrasonic echo radio frequency signals, the entire-frame ultrasonic echo radio frequency signals are converted into the analytic signals once, calculating speed is increased greatly, the corresponding displacement between two frame signals can be acquired through once product summary, calculating amount is reduced, calculating efficiency is improved, and complexity is low.