To calculate the shockwave propagation of deep water explosions for different explosives quickly and accurately, a calculation method, based on the Kirkwood-Bethe theory, was proposed. At the same time, an underwater explosion experiment of the aluminized explosive was carried out in the pressure vessel under high hydrostatic pressure. Then, the calculated results and experimental results were compared for peak pressure, impulse and energy flux density. The results indicated that the proposed method can quickly and accurately determine the shockwave propagation of deep water explosions for the aluminized explosives, with satisfactory agreement with experimental data. Using the proposed method, the shockwave of aluminized explosive under the conditions of different charge weight, different depth and different distance were calculated, the propagation laws of peak pressure, impulse and energy flux density with depth and distance were obtained. The calculation method proposed could be used to calculate shockwave propagation for any kind of explosive, if only knows the parameters of detonation and JWL equation of state.