A shoe having an air circulation function, the shoe comprising: a sole 20 comprising a receiving groove 21 formed in a central portion of a top surface of the sole, an air chamber 22 emitting air to a bottom of the receiving groove 21, a vent passage 24 and a passage 26; an inner cushion 35 disposed on the receiving groove 21 of the sole 20 to provide a cushioning force for restoring an intermediate sole and a porous valve plate during walking; an inclined adhesion protrusion 60 disposed along an periphery of the receiving groove 21 of the sole 20 and sloping down from an outside to an inside of the sole 20; a porous valve plate 30 stacked on a top surface of the inner cushion 35, having a lower end peripheral surface contacting a top surface of the inclined adhesion protrusion 60 with face to face contact, sucking contaminated air to an upper side of the inclined adhesion protrusion 60, and expanding an intermediate sole 50 with contraction and restoration; a plurality of valves 40 protruding from a bottom surface of the porous valve plate 30, and selectively opened or closed depending on the contraction and expansion of the porous valve plate 30, when each of the valves is being inserted into the hole 37 formed in the inner cushion 35, to discharge contaminated air within the shoe into the air chamber 22 of the sole; and an intermediate sole 50 and insole 51 successively stacked on a top surface of the porous valve plate 30, wherein, the intermediate sole 50 and the porous valve plate 30 are greatly contracted through the contraction and restoring space 70 by a load transferred during walking, and thus, air within the shoes is discharged. a sole 20 comprising a receiving groove 21 formed in a central portion of a top surface of the sole, an air chamber 22 emitting air to a bottom of the receiving groove 21, a vent passage 24 and a passage 26; an inner cushion 35 disposed on the receiving groove 21 of the sole 20 to provide a cushioning force for restoring an intermediate sole and a porous valve plate during walking; an inclined adhesion protrusion 60 disposed along an periphery of the receiving groove 21 of the sole 20 and sloping down from an outside to an inside of the sole 20; a porous valve plate 30 stacked on a top surface of the inner cushion 35, having a lower end peripheral surface contacting a top surface of the inclined adhesion protrusion 60 with face to face contact, sucking contaminated air to an upper side of the inclined adhesion protrusion 60, and expanding an intermediate sole 50 with contraction and restoration; a plurality of valves 40 protruding from a bottom surface of the porous valve plate 30, and selectively opened or closed depending on the contraction and expansion of the porous valve plate 30, when each of the valves is being inserted into the hole 37 formed in the inner cushion 35, to discharge contaminated air within the shoe into the air chamber 22 of the sole; and an intermediate sole 50 and insole 51 successively stacked on a top surface of the porous valve plate 30, wherein, the intermediate sole 50 and the porous valve plate 30 are greatly contracted through the contraction and restoring space 70 by a load transferred during walking, and thus, air within the shoes is discharged.