The invention discloses a double-waist aluminum packaging tin, which comprises a tin bottom, wherein the edge of the tin bottom extends upward to form a lower tin body; the upper of the lower tin body shrinks upward to form a first level tin waist; the upper of the first level tin waist shrinks upward to form a second level tin waist; the upper of the second level tin waist shrinks upward again to form an upper tin body; the upper of the upper tin body shrinks upward to form a tin shoulder; and the upper part of the tin shoulder is flanged to form a tin port with a lip. The invention also discloses a production method for the double-waist aluminum packaging tin. The method comprises the following steps: frying slices, punching; finishing; cleaning; protection treatment; and necking which is as follows: open of the crude tin blank is shrunk to form the first level tin waist, the lower tin body is partly formed between the first tin waist and the tin bottom, the upper part of the first level tin waist is shrunk upwardly to form the second level tin waist, the upper part of the second level tin waist is shrunk upwardly again to form the upper tin body, the upper part of the upper tinbody is shrunk upwardly to form the tin shoulder, and the upper part of the tin shoulder is flanged to the tin port with lips. The invention has the advantages of easy and firm holding, overall attractive appearance, strong vision and touch stereoscopic impression, high added value, high grade and the like.