The invention provides a pneumatic two-fluid grouting pump, and belongs to the technical field of electromechanical engineering equipment. The pneumatic two-fluid grouting pump is characterized in that a filter is connected with an air inlet ball valve which is connected with an air motor, the air motor is connected with a piston plate, the piston plate is connected with more than two pistons, the air motor is arranged on a piston frame, all the pistons are connected in plunger pump bodies, the plunger pump bodies are arranged on the piston frame and correspond to the pistons, elbows are arranged at the liquid absorption ends of t plunger pumps, the pump liquid ends of the plunger pumps are connected with a four-way pipe, a shock-proof pressure gage and the ball valve are connected to the four-way pipe respectively, a left high pressure hose and a right high pressure hose are connected to a Y-shaped three-way pipe which is further connected with a mixing pipe, and the mixing pipe is connected with an injection pipe. The pneumatic grouting pump is fully pneumatic, and single liquid grouting and two-fluid grouting can be conducted. The pneumatic two-fluid grouting pump is adjustable in pressure, simple in structure, stable and reliable in performance, long in service life, small in size, light in weight, flexible, reliable, wide in application range, convenient to move and transport, and suitable for frequently-moved multi-point grouting operation.