diff --git a/devel/py-opentelemetry-exporter-otlp-proto-grpc/Makefile b/devel/py-opentelemetry-exporter-otlp-proto-grpc/Makefile
index 2048dadf0098..7593df245063 100644
--- a/devel/py-opentelemetry-exporter-otlp-proto-grpc/Makefile
+++ b/devel/py-opentelemetry-exporter-otlp-proto-grpc/Makefile
@@ -1,5 +1,5 @@
 PORTNAME=	opentelemetry-exporter-otlp-proto-grpc
-PORTVERSION=	1.31.0
+PORTVERSION=	1.31.1
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
diff --git a/devel/py-opentelemetry-exporter-otlp-proto-grpc/distinfo b/devel/py-opentelemetry-exporter-otlp-proto-grpc/distinfo
index 0eeff028fd55..cc698e8b2387 100644
--- a/devel/py-opentelemetry-exporter-otlp-proto-grpc/distinfo
+++ b/devel/py-opentelemetry-exporter-otlp-proto-grpc/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1742070374
-SHA256 (opentelemetry_exporter_otlp_proto_grpc-1.31.0.tar.gz) = d33a98d3768da4705b3c51959ffd49897094454e2d47d1d83293bf29c14712a1
-SIZE (opentelemetry_exporter_otlp_proto_grpc-1.31.0.tar.gz) = 26622
+TIMESTAMP = 1744288922
+SHA256 (opentelemetry_exporter_otlp_proto_grpc-1.31.1.tar.gz) = c7f66b4b333c52248dc89a6583506222c896c74824d5d2060b818ae55510939a
+SIZE (opentelemetry_exporter_otlp_proto_grpc-1.31.1.tar.gz) = 26620