diff --git a/arrow-ipc/Cargo.toml b/arrow-ipc/Cargo.toml
index b5f66294a7c7..83ad044d25e7 100644
--- a/arrow-ipc/Cargo.toml
+++ b/arrow-ipc/Cargo.toml
@@ -41,7 +41,7 @@ arrow-data = { workspace = true }
 arrow-schema = { workspace = true }
 flatbuffers = { version = "23.1.21", default-features = false }
 lz4_flex = { version = "0.11", default-features = false, features = ["std", "frame"], optional = true }
-zstd = { version = "0.12.0", default-features = false, optional = true }
+zstd = { version = "0.13.0", default-features = false, optional = true }
 
 [features]
 default = []
diff --git a/parquet/Cargo.toml b/parquet/Cargo.toml
index eaafb5130fcb..659e2c0ee3a7 100644
--- a/parquet/Cargo.toml
+++ b/parquet/Cargo.toml
@@ -52,7 +52,7 @@ snap = { version = "1.0", default-features = false, optional = true }
 brotli = { version = "3.3", default-features = false, features = ["std"], optional = true }
 flate2 = { version = "1.0", default-features = false, features = ["rust_backend"], optional = true }
 lz4_flex = { version = "0.11", default-features = false, features = ["std", "frame"], optional = true }
-zstd = { version = "0.12.0", optional = true, default-features = false }
+zstd = { version = "0.13.0", optional = true, default-features = false }
 chrono = { workspace = true }
 num = { version = "0.4", default-features = false }
 num-bigint = { version = "0.4", default-features = false }
@@ -75,7 +75,7 @@ tempfile = { version = "3.0", default-features = false }
 brotli = { version = "3.3", default-features = false, features = ["std"] }
 flate2 = { version = "1.0", default-features = false, features = ["rust_backend"] }
 lz4_flex = { version = "0.11", default-features = false, features = ["std", "frame"] }
-zstd = { version = "0.12", default-features = false }
+zstd = { version = "0.13", default-features = false }
 serde_json = { version = "1.0", features = ["std"], default-features = false }
 arrow = { workspace = true, features = ["ipc", "test_utils", "prettyprint", "json"] }
 tokio = { version = "1.0", default-features = false, features = ["macros", "rt", "io-util", "fs"] }