The invention relates to semi-transparent bubinga color raw umber flavor-clearing type polyurethane wood paint and a preparation method, the semi-transparent bubinga color raw umber flavor-clearing type polyurethane wood paint comprises a component I and a component II, the weight ratio of component I to component II is 1:0.5; the component I comprises flavor-clearing type alkyd resin, matting powder, a dispersant, bubinga color paste, a leveling agent, a defoaming agent an anti settling agent and a solvent; the component II is a benzene free curing agent mainly comprising TDI and HDI trimer or an addition product; the prepared semi-transparent bubinga color raw umber flavor-clearing type polyurethane wood paint is free of aromatic hydrocarbons, aldehydes, ketones and heavy metals, can achieve the flavor-clearing effect 48 hours after coating into a film, may not precipitate during storage, and is good in leveling property, good in hand feeling, high in scratch resistance and free of ghost image; after a wooden ware is coated with the paint, the wood grain is clear and incisive, so that the furniture is elegant, simple and natural, an elegant and comfortable feeling is given to people, and the wood paint adapts to modern aesthetics, is very popular with the market and customers, and can be widely used in surface decoration protection of wood wares, metals, plastics and the like.