diff --git a/.requirements b/.requirements
index 7805dc2694..5b46aa0505 100644
--- a/.requirements
+++ b/.requirements
@@ -13,7 +13,7 @@ LUA_RESTY_WEBSOCKET=60eafc3d7153bceb16e6327074e0afc3d94b1316 # 0.4.0
 ATC_ROUTER=b0d5e7e2a2ca59bb051959385d3e42d96c93bb98 # 1.2.0
 
 KONG_MANAGER=v3.5.0.0
-NGX_WASM_MODULE=21732b18fc46f409962ae77ddf01c713b568d078 # prerelease-0.1.1
+NGX_WASM_MODULE=388d5720293f5091ccee1f859a42683fbfd14e7d # prerelease-0.2.0
 WASMER=3.1.1
-WASMTIME=12.0.2
+WASMTIME=14.0.3
 V8=10.5.18
diff --git a/build/openresty/wasmx/wasmx_repositories.bzl b/build/openresty/wasmx/wasmx_repositories.bzl
index 5996e6ebeb..26314f2ebe 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": "9e02cd4201d74c68a236664f883873335c7427e820ce4a44c47c1cc98ec9e553",
-            "aarch64": "daf6ca147b288cf915978f064853f403ca163b52806ae0a52ddd5bd91a5a2507",
+            "x86_64": "a1285b0e2e3c6edf9cb6c7f214a682780f01ca8746a5d03f162512169cdf1e50",
+            "aarch64": "ef527ed31c3f141b5949bfd2e766a908f44b66ee839d4f0f22e740186236fd48",
         },
         "macos": {
-            "x86_64": "35a0d3590afb147f9b312820df87189a9a376cc5bddc2d90b8d7e57b412c7dc6",
-            "aarch64": "6b8a13fbe6c5440b30632a1f9178df1cdc07bbf34633a105666e506bc8db941d",
+            "x86_64": "c30ffb79f8097512fbe9ad02503dcdb0cd168eec2112b6951a013eed51050245",
+            "aarch64": "2834d667fc218925184db77fa91eca44d14f688a4972e2f365fe2b7c12e6d49f",
         },
     },
 }
diff --git a/changelog/unreleased/kong/bump-ngx-wasm-module.yml b/changelog/unreleased/kong/bump-ngx-wasm-module.yml
new file mode 100644
index 0000000000..369f4ae493
--- /dev/null
+++ b/changelog/unreleased/kong/bump-ngx-wasm-module.yml
@@ -0,0 +1,2 @@
+message: "Bump `ngx_wasm_module` to `prerelease-0.2.0`"
+type: dependency
diff --git a/changelog/unreleased/kong/bump-wasmtime.yml b/changelog/unreleased/kong/bump-wasmtime.yml
new file mode 100644
index 0000000000..d525704cd4
--- /dev/null
+++ b/changelog/unreleased/kong/bump-wasmtime.yml
@@ -0,0 +1,2 @@
+message: "Bump `Wasmtime` version to `14.0.3`"
+type: dependency