diff --git a/libcst/metadata/scope_provider.py b/libcst/metadata/scope_provider.py
index 75f37a06e..230d6a98e 100644
--- a/libcst/metadata/scope_provider.py
+++ b/libcst/metadata/scope_provider.py
@@ -846,6 +846,7 @@ def __init__(self, provider: "ScopeProvider") -> None:
         self.scope: Scope = GlobalScope()
         self.__deferred_accesses: List[DeferredAccess] = []
         self.__top_level_attribute_stack: List[Optional[cst.Attribute]] = [None]
+        self.__in___all___stack: List[bool] = [False]
         self.__in_annotation_stack: List[bool] = [False]
         self.__in_type_hint_stack: List[bool] = [False]
         self.__in_ignored_subscript: Set[cst.Subscript] = set()
@@ -950,6 +951,23 @@ def _handle_string_annotation(
         self, node: Union[cst.SimpleString, cst.ConcatenatedString]
     ) -> bool:
         """Returns whether it successfully handled the string annotation"""
+        if self.__in___all___stack[-1]:
+            name = node.evaluated_value
+
+            if isinstance(name, bytes):
+                name = name.decode("utf-8")
+
+            access = Access(
+                node,
+                self.scope,
+                is_annotation=False,
+                is_type_hint=False,
+            )
+
+            list(self.scope.assignments[name])[0].record_access(access)
+
+            return True
+
         if (
             self.__in_type_hint_stack[-1] or self.__in_annotation_stack[-1]
         ) and not self.__in_ignored_subscript:
@@ -1091,6 +1109,22 @@ def visit_Nonlocal(self, node: cst.Nonlocal) -> Optional[bool]:
             self.scope.record_nonlocal_overwrite(name_item.name.value)
         return False
 
+    def is__all___assignment(self, node: cst.Assign) -> bool:
+        target = next(
+            (t.target for t in node.targets if isinstance(t.target, cst.Name)), None
+        )
+        if target is None:
+            return False
+        return target.value == "__all__"
+
+    def visit_Assign(self, node: cst.Assign) -> Optional[bool]:
+        if self.is__all___assignment(node):
+            self.__in___all___stack.append(True)
+
+    def leave_Assign(self, node: cst.Assign) -> None:
+        if self.is__all___assignment(node):
+            self.__in___all___stack.pop()
+
     def visit_ListComp(self, node: cst.ListComp) -> Optional[bool]:
         return self._visit_comp_alike(node)
 
diff --git a/libcst/metadata/tests/test_scope_provider.py b/libcst/metadata/tests/test_scope_provider.py
index a2087645c..0ee13a3bd 100644
--- a/libcst/metadata/tests/test_scope_provider.py
+++ b/libcst/metadata/tests/test_scope_provider.py
@@ -2171,7 +2171,7 @@ def test_annotation_refers_to_nested_class(self) -> None:
                 class Outer:
                     class Nested:
                         pass
-                    
+
                     type Alias = Nested
 
                     def meth1[T: Nested](self): pass
@@ -2248,3 +2248,18 @@ def f[T: Inner](self): Inner
         f_scope = scopes[inner_in_func_body]
         self.assertIn(inner_in_func_body.value, f_scope.accesses)
         self.assertEqual(list(f_scope.accesses)[0].referents, set())
+
+    def test___all___assignment(self) -> None:
+        m, scopes = get_scope_metadata_provider(
+            """
+            import a
+            import b
+
+            __all__ = ["a", "b"]
+            """
+        )
+        import_a_assignment = list(scopes[m]["a"])[0]
+        import_b_assignment = list(scopes[m]["b"])[0]
+
+        self.assertEqual(len(import_a_assignment.references), 1)
+        self.assertEqual(len(import_b_assignment.references), 1)