The invention relates to a stainless steel flux-cored wire and a production method thereof. The stainless steel flux-cored wire is characterized in that the stainless steel flux-cored wire is composedof a flux-core and a stainless steel belt, wherein the flux-core is wrapped with the stainless steel belt; the weight of the flux-core accounts for 18-28% of the total weight of the flux-cored wire;and the flux-core comprises, by mass, 15-20% of chromium powder, 10-15% of rutile powder, 5-10% of nickel powder, 4-8% of manganese powder, 4-8% of feldspar powder, 2-4% of aluminum-magnesium alloy powder, 2-4% of molybdenum iron powder, 2-4% of complex nitride, 0.5-2% of complex fluoride, 0.5-1% of bismuth oxide, 0.1-1% of tellurium dioxide, 0.1-1% of cerium oxide, and the balance iron powder, and the sum of the mass percents of the components is 100%. The stainless steel flux-cored wire has the advantages that weld joint forming is attractive, slag removal is easy, splashing is low, an electric arc is stable, no small air hole exists in a weld joint, the amount of fumes in the welding process is small, and meanwhile, the weld joint microstructure further has excellent abrasion resistance, corrosion resistance, crack resistance and fatigue resistance.