The paper examines the possible foreign trade cooperation between Azerbaijan and Armenia. In particular, export trade, its commodity structure, and degree of complexity are analyzed by commodity groups. The article examines the economic relations between Azerbaijan and Armenia, or rather, specifically what goods Azerbaijan can export to Armenia. As the conclusion, it is justified which commodity groups may be of interest to the Armenian business environment. The purpose of the article is to analyze the initial conditions, factors and reasons for economic cooperation between Azerbaijan and Armenia. The article also analyzes the prospects for economic cooperation between Azerbaijan and Armenia.