The invention discloses a natural gas filter element with high precision and high flow and a manufacturing method of the natural gas filter element. The natural gas filter element adopts a multilayer composite structure; a stainless steel dense screen on the outer layer forms a first surface filtration layer and simultaneously plays an anti-scouring role; a non-woven fabric protection layer formsdeep filtration; a middle layer of a polyester or glass fiber filtration membrane forms a second surface filtration layer; a coarse-grain silk screen on the inner layer plays a supporting role; and an axial sealing and radial sealing structure is adopted at the end part of the filter element. Through a multilayer composite and combined sealing structure, the overall filtering precision, the service life and the performance reliability of the filter element are ensured.