Provided are a fuse having a structure that facilitates bending of a fuse element, and a method for manufacturing the fuse. In a fuse including a fuse element having a pair of terminal portions, a middle portion provided between the terminal portions, and a fusing portion provided in the middle portion, at least two or more of the middle portions are provided in the terminal portion, at least one of the middle portions is bent along a long direction such that a center side protrudes from long sides on both sides, and the middle portions are disposed to face each other when the terminal portion is folded at a bending point K2 of the terminal portion.