diff --git a/devel/py-opentelemetry-exporter-otlp/Makefile b/devel/py-opentelemetry-exporter-otlp/Makefile
index d9e2cd0928ee..94184382e1f6 100644
--- a/devel/py-opentelemetry-exporter-otlp/Makefile
+++ b/devel/py-opentelemetry-exporter-otlp/Makefile
@@ -1,5 +1,5 @@
 PORTNAME=	opentelemetry-exporter-otlp
-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/distinfo b/devel/py-opentelemetry-exporter-otlp/distinfo
index 34bde560133d..eb5f6af8bf40 100644
--- a/devel/py-opentelemetry-exporter-otlp/distinfo
+++ b/devel/py-opentelemetry-exporter-otlp/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1742070370
-SHA256 (opentelemetry_exporter_otlp-1.31.0.tar.gz) = 225854e12b449e77e818d749b5b38faf65ef86b7a862329611c931ca79a95f73
-SIZE (opentelemetry_exporter_otlp-1.31.0.tar.gz) = 6189
+TIMESTAMP = 1744288918
+SHA256 (opentelemetry_exporter_otlp-1.31.1.tar.gz) = 004db12bfafb9e07b79936783d91db214b1e208a152b5c36b1f2ef2264940692
+SIZE (opentelemetry_exporter_otlp-1.31.1.tar.gz) = 6189