The women's K-2 500 metres competition of the canoeing events at the 2023 Pan American Games was held on November 1 and 3 at the Laguna Grande in San Pedro de la Paz, Chile.

[1][2] The best two score of each heat advance directly to the Final A, while the rest advance to the semifinal.

[3] The best four scores advance to the Final A, while the rest advance to the Final B.

[3] The results for the finals were as follows:[3]