The invention is applicable to the technical field of pipeline repair, and provides an underground traction type trenchless pipeline repair method. Firstly, a baffle is installed in a first construction well at one side of a collapse position of a pipe body to seal an input pipeline for draining water to the first construction well, a guide block is placed in the pipe body from the first construction well, one end of the guide block is connected with one end of a hose, then the front end of the guide block is dragged to move to a second construction well, and the guide block is moved to the collapse position of the pipe body to support the collapse position, soil reinforcing slurry is filled in the soil layer around the collapse position, the soil reinforcing slurry is a polyurethane chemical grouting material, after the reinforcing slurry is solidified, the guide block is continuously dragged, the hose is put in the pipe body and completely covers the collapse position, the hose is made to adhere to and be solidified with the inner wall of the pipe body, so that the collapse position of the pipe body is sealed and repaired, the whole process does not need to excavate the ground, the influence on environment and traffic is small, and the service life of a pipeline can be prolonged.