The invention discloses a special compound fertilizer for eucalyptus. The special compound fertilizer is prepared from the following raw materials in percentage by weight: 10-60% of macroelement fertilizer, 1-5% of secondary element fertilizer, 0.1-2% of microelement fertilizer and the balance of molasses fermentation liquid, wherein the concentration of the molasses fermentation liquid is 30-80%. The special compound fertilizer disclosed by the invention contains the microelements including calcium, magnesium, copper, manganese, zinc, boron and molybdenum necessary to the growth of eucalyptus, the technical problem of multi-element deficiency or bad disease resistance of eucalyptus in the prior art is solved, and the improvement of the quality and output of eucalyptus is facilitated; by adding the molasses fermentation liquid, the soil is improved and nutrition is supplemented by the rich organic matters, amino acids, humic acid and secondary elements in the molasses fermentation liquid so as to supply the microelements and organic matters necessary to the growth of eucalyptus and conform to the soil characteristics and fertilizer requirement law of the eucalyptus; and according to the invention, various nutrient elements are released at the same time, and the fertilizing types and times are reduced, thus the special compound fertilizer is labor-saving, time-saving, efficient and environment-friendly.