The invention relates to ultralight bulletproof cloth and a manufacture method thereof, and belongs to the technical field of textile materials and protection materials. The manufacture method includes taking modified carbon fiber filaments as central core threads, taking modified ultra-high molecular weight polyethylene as a middle coating layer, taking cellulose acetate fibers as an outer coating layer, and preparing covering yarns; blending modified aramid fibers 1414, the modified ultra-high molecular weight polyethylene, graphene fibers and the cellulose acetate fibers to acquire blended yarns; spinning the covering yarns and the blended yarns into the ultralight bulletproof cloth by a spinner, wherein warp yarns are arrayed sequentially according to the principle that one covering yarn is matched with one blended yarn, and weft yarns are arrayed sequentially according to the principle that one covering yarn is matched with two blended yarns. The ultralight bulletproof cloth and the manufacture method thereof have the advantages that full polymer modified materials are adopted, and the carbon fiber framework design is introduced, so that strength, tenacity and impact resistance are high, penetration of low-speed bullets, bomb fragments and the like can be resisted effectively, and safety of human bodies can be guaranteed.