diff --git a/java-shared-dependencies/third-party-dependencies/pom.xml b/java-shared-dependencies/third-party-dependencies/pom.xml
index 87d87616462..5bd40533f5c 100644
--- a/java-shared-dependencies/third-party-dependencies/pom.xml
+++ b/java-shared-dependencies/third-party-dependencies/pom.xml
@@ -36,7 +36,7 @@
     <checker-qual.version>3.47.0</checker-qual.version>
     <perfmark-api.version>0.27.0</perfmark-api.version>
     <j2objc-annotations.version>3.0.0</j2objc-annotations.version>
-    <google.cloud.opentelemetry.version>0.31.0</google.cloud.opentelemetry.version>
+    <google.cloud.opentelemetry.version>0.32.0</google.cloud.opentelemetry.version>
     <opentelemetry-grpc-instrumentation.version>2.1.0-alpha</opentelemetry-grpc-instrumentation.version>
     <opentelemetry-semconv.version>1.26.0-alpha</opentelemetry-semconv.version>
     <flogger.version>0.8</flogger.version>