Trace analysis of Cd and Pb at surface modified thick film graphite electrode with Bi nanopowder has been carried out using square-wave anodic stripping voltammetry (SWASV) technique. Bi nanopowder synthesized by gas condensation (GC) method showed the size of $50{sim}100$ nm with BET surface area, $A_{BET}=6.8m^{2}g^{-l}$. For a strong adhesion of the Bi nanopowder onto the screen printed carbon paste electrode, nafion solution was added into Bi-containing suspension. From the SWASV, it was found that the Bi nanopowder electrode exhibited a well-defined responses relating to the oxidations of Cd and Pb. The current peak intensity increased with increasing concentration of Cd and Pb. From the linear relationship between Cd/Pb concentrations and peak current, the sensitivity of the Bi nanopowder electrode was quantitatively estimated. The detection limit of the electrode was estimated to be $0.15{mu}g/l$ and $0.07{mu}g/l$ for Cd and Pb, respectively, on the basis of the signal-to-noise characteristics (S/N=3) of the response for the $1.0{mu}g/l$ solution under a 10 min accumulation.