diff --git a/exporters/otlp/otlptrace/go.mod b/exporters/otlp/otlptrace/go.mod
index f8fd2796d18..2de29a6e0b4 100644
--- a/exporters/otlp/otlptrace/go.mod
+++ b/exporters/otlp/otlptrace/go.mod
@@ -9,7 +9,7 @@ require (
 	go.opentelemetry.io/otel/sdk v1.26.0
 	go.opentelemetry.io/otel/trace v1.26.0
 	go.opentelemetry.io/proto/otlp v1.2.0
-	google.golang.org/protobuf v1.33.0
+	google.golang.org/protobuf v1.34.1
 )
 
 require (
diff --git a/exporters/otlp/otlptrace/go.sum b/exporters/otlp/otlptrace/go.sum
index a3601e0c508..ee2acfaf65a 100644
--- a/exporters/otlp/otlptrace/go.sum
+++ b/exporters/otlp/otlptrace/go.sum
@@ -27,8 +27,8 @@ go.opentelemetry.io/proto/otlp v1.2.0 h1:pVeZGk7nXDC9O2hncA6nHldxEjm6LByfA2aN8IO
 go.opentelemetry.io/proto/otlp v1.2.0/go.mod h1:gGpR8txAl5M03pDhMC79G6SdqNV26naRm/KDsgaHD8A=
 golang.org/x/sys v0.19.0 h1:q5f1RH2jigJ1MoAWp2KTp3gm5zAGFUTarQZ5U386+4o=
 golang.org/x/sys v0.19.0/go.mod h1:/VUhepiaJMQUp4+oa/7Zr1D23ma6VTLIYjOOTFZPUcA=
-google.golang.org/protobuf v1.33.0 h1:uNO2rsAINq/JlFpSdYEKIZ0uKD/R9cpdv0T+yoGwGmI=
-google.golang.org/protobuf v1.33.0/go.mod h1:c6P6GXX6sHbq/GpV6MGZEdwhWPcYBgnhAHhKbcUYpos=
+google.golang.org/protobuf v1.34.1 h1:9ddQBjfCyZPOHPUiPxpYESBLc+T8P3E+Vo4IbKZgFWg=
+google.golang.org/protobuf v1.34.1/go.mod h1:c6P6GXX6sHbq/GpV6MGZEdwhWPcYBgnhAHhKbcUYpos=
 gopkg.in/check.v1 v0.0.0-20161208181325-20d25e280405/go.mod h1:Co6ibVJAznAaIkqp8huTwlJQCZ016jof/cbN4VW5Yz0=
 gopkg.in/check.v1 v1.0.0-20201130134442-10cb98267c6c h1:Hei/4ADfdWqJk1ZMxUNpqntNwaWcugrBjAiHlqqRiVk=
 gopkg.in/check.v1 v1.0.0-20201130134442-10cb98267c6c/go.mod h1:JHkPIbrfpd72SG/EVd6muEfDQjcINNoR0C8j2r3qZ4Q=