This paper presents an approach for image retrieval by using multiwavelet and hsv color space. The HSV stands for the Hue, Saturation and Value, provides the perception representation according with human visual feature. The multiwavelets offer simultaneous orthogonality, symmetry and short support. In this paper, we have tested 140 images with 5 different categories. the experimental results show the better results interms of retrieval accuracy and computation complexity. The performance of this approach is measured and results are shown. Euclidean Distance and Canberra Distance are used as similarity measure in the proposed CBIR system