Nanofluids, which are obtained from the distribution of nano-sized particles in normal fluids, are a new generation of fluids with great potential in industrial applications. The size of the particles used in nanofluids ranges from 1 nm to 100 nm. VISCOSITY is one of the important characteristics of nanofluids, which has a very important effect on heat transfer. In this research, the parameters affecting the VISCOSITY of nanofluids were investigated. Different theoretical models can be used to estimate the VISCOSITY of nanofluids. But the experimental results show that the VISCOSITY of the nanofluid does not correspond well with the theoretical models. This difference is due to the effect of Brownian motion, the assumptions made when deriving the models, the mathematical modeling approach and the scattering techniques. In reality, the VISCOSITY of nanofluid depends on many parameters such as base fluids, particle volume fraction, particle size, particle shape, temperature, shear rate, pH value, surfactants, dispersion techniques, particle size distribution and particle aggregation.