Abstract: The present invention relates to a camouflage fabric having near infrared ray reflectance adjusting characteristics. The aim of the present invention is to achieve semi-permanent durability so as to significantly ameliorate problems of inferior durability which occur in an existing method for manufacturing a camouflage fabric, i.e. applying carbon and a pigment absorbing near infrared rays to a synthetic fabric, and to enable near infrared ray reflectance in a near infrared ray spectrum having an infrared ray wavelength band of 720 nm to 1500 nm so as to exhibit little or no difference from the near infrared ray reflectance of the natural background of each terrain, thereby achieving predetermined camouflage effects.