diff --git a/go.mod b/go.mod
index c7ced24900..c4f6d3bce4 100644
--- a/go.mod
+++ b/go.mod
@@ -14,7 +14,7 @@ require (
 	github.com/spf13/pflag v1.0.5
 	github.com/stretchr/testify v1.8.4
 	go.opentelemetry.io/collector/featuregate v0.77.0
-	go.opentelemetry.io/otel v1.17.0
+	go.opentelemetry.io/otel v1.18.0
 	gopkg.in/yaml.v2 v2.4.0
 	k8s.io/api v0.28.2
 	k8s.io/apiextensions-apiserver v0.28.2
@@ -132,7 +132,7 @@ require (
 	github.com/spf13/cobra v1.7.0 // indirect
 	github.com/vultr/govultr/v2 v2.17.2 // indirect
 	go.opencensus.io v0.24.0 // indirect
-	go.opentelemetry.io/otel/trace v1.17.0 // indirect
+	go.opentelemetry.io/otel/trace v1.18.0 // indirect
 	go.uber.org/multierr v1.11.0 // indirect
 	go.uber.org/zap v1.25.0 // indirect
 	golang.org/x/crypto v0.13.0 // indirect
diff --git a/go.sum b/go.sum
index 913fb4dd3d..fee311ee01 100644
--- a/go.sum
+++ b/go.sum
@@ -527,10 +527,10 @@ go.opencensus.io v0.24.0 h1:y73uSU6J157QMP2kn2r30vwW1A2W2WFwSCGnAVxeaD0=
 go.opencensus.io v0.24.0/go.mod h1:vNK8G9p7aAivkbmorf4v+7Hgx+Zs0yY+0fOtgBfjQKo=
 go.opentelemetry.io/collector/featuregate v0.77.0 h1:m1/IzaXoQh6SgF6CM80vrBOCf5zSJ2GVISfA27fYzGU=
 go.opentelemetry.io/collector/featuregate v0.77.0/go.mod h1:/kVAsGUCyJXIDSgHftCN63QiwAEVHRLX2Kh/S+dqgHY=
-go.opentelemetry.io/otel v1.17.0 h1:MW+phZ6WZ5/uk2nd93ANk/6yJ+dVrvNWUjGhnnFU5jM=
-go.opentelemetry.io/otel v1.17.0/go.mod h1:I2vmBGtFaODIVMBSTPVDlJSzBDNf93k60E6Ft0nyjo0=
-go.opentelemetry.io/otel/trace v1.17.0 h1:/SWhSRHmDPOImIAetP1QAeMnZYiQXrTy4fMMYOdSKWQ=
-go.opentelemetry.io/otel/trace v1.17.0/go.mod h1:I/4vKTgFclIsXRVucpH25X0mpFSczM7aHeaz0ZBLWjY=
+go.opentelemetry.io/otel v1.18.0 h1:TgVozPGZ01nHyDZxK5WGPFB9QexeTMXEH7+tIClWfzs=
+go.opentelemetry.io/otel v1.18.0/go.mod h1:9lWqYO0Db579XzVuCKFNPDl4s73Voa+zEck3wHaAYQI=
+go.opentelemetry.io/otel/trace v1.18.0 h1:NY+czwbHbmndxojTEKiSMHkG2ClNH2PwmcHrdo0JY10=
+go.opentelemetry.io/otel/trace v1.18.0/go.mod h1:T2+SGJGuYZY3bjj5rgh/hN7KIrlpWC5nS8Mjvzckz+0=
 go.opentelemetry.io/proto/otlp v0.7.0/go.mod h1:PqfVotwruBrMGOCsRd/89rSnXhoiJIqeYNgFYFoEGnI=
 go.uber.org/atomic v1.7.0/go.mod h1:fEN4uk6kAWBTFdckzkM89CLk9XfWZrxpCo0nPH17wJc=
 go.uber.org/goleak v1.1.11/go.mod h1:cwTWslyiVhfpKIDGSZEM2HlOvcqm+tG4zioyIeLoqMQ=