diff --git a/Cargo.toml b/Cargo.toml
index 880af70c..3da6ce77 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -331,7 +331,7 @@ version = "0.2.0"
 version = "0.22.0"
 
 [workspace.dependencies.opentelemetry_sdk]
-version = "0.21.2"
+version = "0.23.0"
 features = ["rt-tokio"]
 
 [workspace.dependencies.opentelemetry-jaeger]