diff --git a/java-shared-dependencies/first-party-dependencies/pom.xml b/java-shared-dependencies/first-party-dependencies/pom.xml
index 73aee0c0f0c3..a37f6504f5ed 100644
--- a/java-shared-dependencies/first-party-dependencies/pom.xml
+++ b/java-shared-dependencies/first-party-dependencies/pom.xml
@@ -57,7 +57,7 @@
     <site.installationModule>${project.artifactId}</site.installationModule>
     <grpc.version>1.51.0</grpc.version>
     <gax.version>2.19.5</gax.version>
-    <grpc-gcp.version>1.3.1</grpc-gcp.version>
+    <grpc-gcp.version>1.3.2</grpc-gcp.version>
     <gson.version>2.10</gson.version>
     <guava.version>31.1-jre</guava.version>
     <protobuf.version>3.21.10</protobuf.version>