diff --git a/README.md b/README.md
index 9df96d42176..e7385893494 100644
--- a/README.md
+++ b/README.md
@@ -441,7 +441,7 @@ conda install -c conda-forge nncf
 - Supported frameworks:
   - PyTorch\* >=2.3, <2.5
   - TensorFlow\* >=2.8.4, <=2.15.1
-  - ONNX\* ==1.16.0
+  - ONNX\* ==1.17.0
   - OpenVINO\* >=2022.3.0
 
 This repository is tested on Python* 3.10.14, PyTorch* 2.4.0 (NVidia CUDA\* Toolkit 12.1) and TensorFlow* 2.12.1 (NVidia CUDA\* Toolkit 11.8).
diff --git a/constraints.txt b/constraints.txt
index 39c8b725423..19d7df2f0ee 100644
--- a/constraints.txt
+++ b/constraints.txt
@@ -6,7 +6,7 @@ torch==2.4.0
 torchvision==0.19.0
 
 # ONNX
-onnx==1.16.2
+onnx==1.17.0
 onnxruntime==1.19.2
 
 # TensorFlow
diff --git a/docs/Installation.md b/docs/Installation.md
index 24d37318b3d..32169311da8 100644
--- a/docs/Installation.md
+++ b/docs/Installation.md
@@ -43,7 +43,7 @@ as well as the supported versions of Python:
 
 | NNCF      | OpenVINO   | PyTorch  | ONNX     | TensorFlow | Python |
 |-----------|------------|----------|----------|------------|--------|
-| `develop` | `2024.4.0` | `2.4.0`  | `1.16.0` | `2.15.1`   | `3.10` |
+| `develop` | `2024.4.0` | `2.4.0`  | `1.17.0` | `2.15.1`   | `3.10` |
 | `2.13.0`  | `2024.4.0` | `2.4.0`  | `1.16.0` | `2.15.1`   | `3.8`* |
 | `2.12.0`  | `2024.3.0` | `2.3.0`  | `1.16.0` | `2.15.1`   | `3.8`* |
 | `2.11.0`  | `2024.2.0` | `2.3.0`  | `1.16.0` | `2.12.0`   | `3.8`  |
diff --git a/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt b/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
index 439f6262d53..d961f4f4151 100644
--- a/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
@@ -2,7 +2,7 @@ torchvision
 tqdm
 scikit-learn
 fastdownload
-onnx==1.16.0
-onnxruntime==1.17.1
+onnx==1.17.0
+onnxruntime==1.19.2
 openvino==2024.4
 numpy<2
diff --git a/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt b/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt
index 8ca740c81eb..f566ca3fe86 100644
--- a/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt
+++ b/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt
@@ -1,3 +1,3 @@
 ultralytics==8.3.22
-onnx==1.16.0
+onnx==1.17.0
 openvino==2024.4
diff --git a/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt b/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
index d7d818c53cd..65520f60d1a 100644
--- a/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
+++ b/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
@@ -1,5 +1,5 @@
 fastdownload==0.0.7
-onnx==1.16.0
+onnx==1.17.0
 openvino==2024.4
 pycocotools==2.0.7
 torch==2.4.0