The aim of this work was to study the changes in the BVOCs emission rates and physiological mechanistic response ofPinus massonianasaplings in response to drought stress. Drought stress significantly reduced the emission rates of total BVOCs, monoterpenes, and sesquiterpenes, but had no significant effect on the emission rate of isoprene, which slightly increased under drought stress. A significant negative relationship was observed between the emission rates of total BVOCs, monoterpenes, and sesquiterpenes and the content of chlorophylls, starch, and NSCs, and a positive relationship was observed between the isoprene emission rate and the content of chlorophylls, starch, and NSCs, indicating different control mechanism over the emission of the different components of BVOCs. Under drought stress, the emission trade-off between isoprene and other BVOCs components may be driven by the content of chlorophylls, starch, and NSCs. Considering the inconsistent responses of the different components of BVOCs to drought stress for different plant species, close attention should be paid to the effect of drought stress and global change on plant BVOCs emissions in the future.