During the present research work, different perspectives of the binational relations between Colombia and Panama are analyzed, which allow to evaluate the viability of exporting Special Ground Coffee to Panama; within the legal framework stipulated by the laws, rules and agreements of both countries. The research problem arises from the need to develop an analysis that identifies the main variables involved in the export process of Special Ground Coffee, based on the current state of trade relations between the two countries (TLC Colombia-Panama). This analysis is taken as an input to evaluate the possibility of penetrating the Panamanian market with a high quality product, formulate the marketing and transport process from the intermediate collection site to the final customer or consumer (Value Chain). As mentioned above, the research was carried out based on the current situation of each of the countries, the binational agreements, the positioning of the product in Panama and taking as sources of information the different entities involved in foreign trade processes and export such as the World Bank (WB), Pro-Colombia, Colombian Chamber of Commerce and Chamber of Commerce of Panama.