This case study analyzes Panama's plastic value chain, highlights efforts towards plastics circularity, and explores how trade policy can support this transition. Developed through insights from a multistakeholder community under the World Economic Forum and the Global Plastic Action Partnership (GPAP), it proposes actionable policy options to foster dialogue in Panama and the Central American Common Market. This study advances discussions on the role of trade in achieving a circular plastics economy, emphasizing collaboration and innovation to address global plastic challenges.