diff --git a/src/bindings/python/constraints.txt b/src/bindings/python/constraints.txt
index 48c94a4cdabcae..f6d4f006cab1a1 100644
--- a/src/bindings/python/constraints.txt
+++ b/src/bindings/python/constraints.txt
@@ -1,5 +1,5 @@
 # used in multiple components
-onnx==1.13.1  # Python bindings, ONNX Frontend
+onnx==1.14.0  # Python bindings, ONNX Frontend
 numpy>=1.16.6,<1.26  # Python bindings, frontends
 protobuf>=3.18.1,<4.0.0  # Python bindings, frontends