The work aims to prepare ZSM-5 zeolite blending film with poly (butylene adipate-co-butylene terephthalate) (PBAT) as substrate to study the effect of ZSM-5 zeolite content on the properties of films. PBAT films containing ZSM-5 zeolite with different concentrations (0%, 1%, 3%, 5% and 7%) were prepared by blending melt extrusion and casting method. The effect of ZSM-5 zeolite on color, transparency, structure, gas barrier properties and mechanical properties of the films were studied. With the increase of ZSM-5 zeolite, the transparency and elongation at break of the PBAT films decreased significantly; the tensile strength increased firstly and then decreased. When the concentration of ZSM-5 zeolite was 1%, the tensile strength of the film was relatively larger, which increased by 12.34% compared with the pure PBAT film. The oxygen permeability of the films showed an overall upward trend. The carbon dioxide permeability and ratio of CO2/O2 increased gradually. The water vapor permeability reduced significantly. Compared with the pure PBAT film, the oxygen and carbon dioxide transmission coefficient of the PBAT film containing 7% ZSM-5 zeolite increased by 18.48% and 33.51% respectively; the water vapor transmission coefficient decreased by 43.28%, and the ratio of CO2/O2 increased from 8.84 to 9.96. Both the surface and cross-section of PBAT films became rough, and the agglomeration of particles were partly observed, which became obvious with the increase of ZSM-5 zeolite. The low addition of ZSM-5 zeolite affects the mechanical properties of PBAT films, improves their water vapor barrier property, adjusts the gas permselectivity of the film, and provides a basis for its application in fresh fruits and vegetables packaging.