diff --git a/.chloggen/move_sharedcomponent.yaml b/.chloggen/move_sharedcomponent.yaml
new file mode 100755
index 00000000000..8f7ce5604a8
--- /dev/null
+++ b/.chloggen/move_sharedcomponent.yaml
@@ -0,0 +1,25 @@
+# Use this changelog template to create an entry for release notes.
+
+# One of 'breaking', 'deprecation', 'new_component', 'enhancement', 'bug_fix'
+change_type: breaking
+
+# The name of the component, or a single word describing the area of concern, (e.g. otlpreceiver)
+component: component
+
+# A brief description of the change.  Surround your text with quotes ("") if it needs to start with a backtick (`).
+note: Move internal/sharedcomponent to component/sharedcomponent.
+
+# One or more tracking issues or pull requests related to the change
+issues: [4266]
+
+# (Optional) One or more lines of additional information to render under the primary note.
+# These lines will be padded with 2 spaces and then inserted directly into the document.
+# Use pipe (|) for multiline entries.
+subtext:
+
+# Optional: The change log or logs in which this entry should be included.
+# e.g. '[user]' or '[user, api]'
+# Include 'user' if the change is relevant to end users.
+# Include 'api' if there is a change to a library API.
+# Default: '[user]'
+change_logs: [api]
\ No newline at end of file
diff --git a/internal/sharedcomponent/package_test.go b/component/sharedcomponent/package_test.go
similarity index 100%
rename from internal/sharedcomponent/package_test.go
rename to component/sharedcomponent/package_test.go
diff --git a/internal/sharedcomponent/sharedcomponent.go b/component/sharedcomponent/sharedcomponent.go
similarity index 99%
rename from internal/sharedcomponent/sharedcomponent.go
rename to component/sharedcomponent/sharedcomponent.go
index 1a3e65878c2..be3aef31234 100644
--- a/internal/sharedcomponent/sharedcomponent.go
+++ b/component/sharedcomponent/sharedcomponent.go
@@ -4,7 +4,7 @@
 // Package sharedcomponent exposes functionality for components
 // to register against a shared key, such as a configuration object, in order to be reused across signal types.
 // This is particularly useful when the component relies on a shared resource such as os.File or http.Server.
-package sharedcomponent // import "go.opentelemetry.io/collector/internal/sharedcomponent"
+package sharedcomponent // import "go.opentelemetry.io/collector/component/sharedcomponent"
 
 import (
 	"context"
diff --git a/internal/sharedcomponent/sharedcomponent_test.go b/component/sharedcomponent/sharedcomponent_test.go
similarity index 100%
rename from internal/sharedcomponent/sharedcomponent_test.go
rename to component/sharedcomponent/sharedcomponent_test.go
diff --git a/receiver/otlpreceiver/factory.go b/receiver/otlpreceiver/factory.go
index bb8f3bb4f92..583e429e23c 100644
--- a/receiver/otlpreceiver/factory.go
+++ b/receiver/otlpreceiver/factory.go
@@ -7,11 +7,11 @@ import (
 	"context"
 
 	"go.opentelemetry.io/collector/component"
+	"go.opentelemetry.io/collector/component/sharedcomponent"
 	"go.opentelemetry.io/collector/config/configgrpc"
 	"go.opentelemetry.io/collector/config/confighttp"
 	"go.opentelemetry.io/collector/config/confignet"
 	"go.opentelemetry.io/collector/consumer"
-	"go.opentelemetry.io/collector/internal/sharedcomponent"
 	"go.opentelemetry.io/collector/receiver"
 	"go.opentelemetry.io/collector/receiver/otlpreceiver/internal/metadata"
 )