Poly(butylene succinate-co-butylene dimerized fatty acid) (P(BS-co-BDFA)) copolyesters were synthesized from succinic acid (SA) and dimerized fatty acid (DFA) with 1,4-butanediol (BDO) through a two-step process of esterification and polycondensation. The polyester compositions and physical properties of copolyesters were investigated by GPC, 1 H NMR and 13 C NMR, DSC, WAXD, DMA, TGA, tensile and rheology test. The melting temperature (T m ), and crystallization temperature (T c ) decreased gradually as the content of DFA monomer increased. P(BS-co-BDFA) copolyesters showed the same crystal structure as the PBS homopolyester. Besides, TGA results indicated that P(BS-co-BDFA)s were of higher thermal stabilities. Moreover, it was found that the synthesized P(BS-co-BDFA)s showed the maximum elongation at break (591%) as the DFA contents were 10 mol%. Rheology analysis indicated that the viscoelastic behavior of the polyesters greatly depended on the molecular weight of polyesters.