The present invention relates to an external application composition capable of preventing a hair loss and helping hair growth promotion, and to a method for producing the same by using a medicinal herb material. An external application agent is produced by extracting a medicinal herb material including Eclipta alba, Polygonum multiflorum, kelp, Salicis radicis cortex, Wolfporia cocos, peach kernel, Japanese goldthread, and morus bark as main components and by mixing a medicinal herb extract, mud powder, and glycerin. The method comprises the steps of: preparing medicinal herb materials including 14-16 wt% of Eclipta alba, 9-11 wt% of Polygonum multiflorum, 9-11 wt% of kelp, 7-9 wt% of Salicis radicis cortex, 7-9 wt% of Wolfporia cocos, 7-9 wt% of peach kernel, 7-9 wt% of Japanese goldthread, 7-9 wt% of morus bark, 4-6 wt% of Cornus officinalis, 4-6 wt% of Chrysanthemum indicum, 4-6 wt% of Akebia quinata Decaisne, 4-6 wt% of Alisma, and 4-6 wt% of cinnamon cleanly washing the prepared medicinal herb materials, removing moisture, feeding the same with water of 5-8 times to a pressure tank, and extracting the same at a temperature of 70-90C for 6-8 hours cooling an extract, filtering the same through a filter having a particle size of 300 mesh or more, and filtering the same to maintain a solid content of 9-13 wt% and evenly mixing 37-39 wt% of a medicinal herb material extract, 2-3 wt% of glycerin, and 58-61 wt% of mud powder, and packing the same in a container.본 발명은 한련초, 적하수오, 다시마, 유근피, 복령, 도인, 황련, 상백피 등을 주성분으로 하는 생약재 혼합물을 추출하고, 생약재 추출액, 머드(mud)분말 및 글리세린을 혼합하여 외용제로 제조한 것으로 탈모를 예방하고 발모촉진에 도움을 줄 수 있는 외용제 조성물 및 그 제조방법에 관한 것이다.전술한 본 발명의 특징은, 한련초 14∼16중량%, 적하수오 9∼11중량%, 다시마 9∼11중량%, 유근피 7∼9중량%, 복령 7∼9중량%, 도인 7∼9중량%, 황련 7∼9중량%, 상백피 7∼9중량%, 산수유 4∼6중량%, 감국 4∼6중량%, 목통 4∼6중량%, 택사 4∼6중량%, 육계 4∼6중량%로 구성된 생약재 재료들을 준비하는 단계 준비된 생약재 혼합재료들을 깨끗하게 세척한 후 물기를 제거하고, 5∼8배수의 물과 함께 압력탱크에 투입하여 70∼90℃의 온도로 6∼8시간 추출하는 단계 추출액을 냉각시킨 후 300메시(mesh) 이상의 입도(粒度)를 갖는 필터로 여과하여 고형분 함유량이 9∼13중량%가 유지되