diff --git a/.requirements b/.requirements
index 16cf926f924..161d807efc9 100644
--- a/.requirements
+++ b/.requirements
@@ -15,5 +15,5 @@ ATC_ROUTER=b0d5e7e2a2ca59bb051959385d3e42d96c93bb98 # 1.2.0
 KONG_MANAGER=nightly
 NGX_WASM_MODULE=21732b18fc46f409962ae77ddf01c713b568d078 # prerelease-0.1.1
 WASMER=3.1.1
-WASMTIME=8.0.1
+WASMTIME=12.0.2
 V8=10.5.18
diff --git a/build/openresty/wasmx/wasmx_repositories.bzl b/build/openresty/wasmx/wasmx_repositories.bzl
index d2fb0098a88..5996e6ebeb0 100644
--- a/build/openresty/wasmx/wasmx_repositories.bzl
+++ b/build/openresty/wasmx/wasmx_repositories.bzl
@@ -42,12 +42,12 @@ wasm_runtimes = {
     },
     "wasmtime": {
         "linux": {
-            "x86_64": "1f40c3c91b8d82b7960921df94c43cf542fbb4e60522aaef02c150b421dfb34f",
-            "aarch64": "35585833923556d757c34f5e3293a8fb68ae9b327774d0eb160d424a02446e70",
+            "x86_64": "9e02cd4201d74c68a236664f883873335c7427e820ce4a44c47c1cc98ec9e553",
+            "aarch64": "daf6ca147b288cf915978f064853f403ca163b52806ae0a52ddd5bd91a5a2507",
         },
         "macos": {
-            "x86_64": "1f90d4120b155ef351a11c49c62803d63aae99f25573ca8f5202dac5c3286eb0",
-            "aarch64": "193640f63ed7f58e13277030cc5f3e8be8cb6846d01f691cc1bfbbffca25bd5c",
+            "x86_64": "35a0d3590afb147f9b312820df87189a9a376cc5bddc2d90b8d7e57b412c7dc6",
+            "aarch64": "6b8a13fbe6c5440b30632a1f9178df1cdc07bbf34633a105666e506bc8db941d",
         },
     },
 }
diff --git a/changelog/unreleased/kong/wasmtime_version_bump.yml b/changelog/unreleased/kong/wasmtime_version_bump.yml
new file mode 100644
index 00000000000..038b3407aae
--- /dev/null
+++ b/changelog/unreleased/kong/wasmtime_version_bump.yml
@@ -0,0 +1,2 @@
+message: Bump Wasmtime version to 12.0.2
+type: dependency