diff --git a/lang/rust/Cargo.lock b/lang/rust/Cargo.lock
index a145577fdd2..6da985d0f83 100644
--- a/lang/rust/Cargo.lock
+++ b/lang/rust/Cargo.lock
@@ -1163,18 +1163,18 @@ checksum = "92d43fe69e652f3df9bdc2b85b2854a0825b86e4fb76bc44d945137d053639ca"
 
 [[package]]
 name = "serde"
-version = "1.0.198"
+version = "1.0.199"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9846a40c979031340571da2545a4e5b7c4163bdae79b301d5f86d03979451fcc"
+checksum = "0c9f6e76df036c77cd94996771fb40db98187f096dd0b9af39c6c6e452ba966a"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.198"
+version = "1.0.199"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e88edab869b01783ba905e7d0153f9fc1a6505a96e4ad3018011eedb838566d9"
+checksum = "11bd257a6541e141e42ca6d24ae26f7714887b47e89aa739099104c7e4d3b7fc"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/lang/rust/Cargo.toml b/lang/rust/Cargo.toml
index 593a8832842..cf0f053d049 100644
--- a/lang/rust/Cargo.toml
+++ b/lang/rust/Cargo.toml
@@ -42,7 +42,7 @@ documentation = "https://docs.rs/apache-avro"
 # dependencies used by more than one members
 [workspace.dependencies]
 log = { default-features = false, version = "0.4.21" }
-serde = { default-features = false, version = "1.0.198", features = ["derive"] }
+serde = { default-features = false, version = "1.0.199", features = ["derive"] }
 serde_json = { default-features = false, version = "1.0.116", features = ["std"] }
 
 [profile.release.package.hello-wasm]
diff --git a/lang/rust/avro_derive/Cargo.toml b/lang/rust/avro_derive/Cargo.toml
index 3630a734083..ae667b0ff14 100644
--- a/lang/rust/avro_derive/Cargo.toml
+++ b/lang/rust/avro_derive/Cargo.toml
@@ -42,7 +42,7 @@ syn = { default-features = false, version = "2.0.60", features = ["full", "fold"
 [dev-dependencies]
 apache-avro = { default-features = false, path = "../avro", features = ["derive"] }
 proptest = { default-features = false, version = "1.4.0", features = ["std"] }
-serde = { default-features = false, version = "1.0.198", features = ["derive"] }
+serde = { default-features = false, version = "1.0.199", features = ["derive"] }
 
 
 [package.metadata.docs.rs]
diff --git a/lang/rust/wasm-demo/Cargo.toml b/lang/rust/wasm-demo/Cargo.toml
index c56b4b5c558..c138f5073a7 100644
--- a/lang/rust/wasm-demo/Cargo.toml
+++ b/lang/rust/wasm-demo/Cargo.toml
@@ -36,7 +36,7 @@ crate-type = ["cdylib", "rlib"]
 
 [dependencies]
 apache-avro = { path = "../avro" }
-serde = { default-features = false, version = "1.0.198", features = ["derive"] }
+serde = { default-features = false, version = "1.0.199", features = ["derive"] }
 wasm-bindgen = "0.2.92"
 
 [dev-dependencies]