diff --git a/requirements.txt b/requirements.txt
index 8ea67d44f9..162096a39a 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -31,7 +31,7 @@ seaborn>=0.11.0
 # scikit-learn==0.19.2  # CoreML quantization
 # tensorflow>=2.4.1  # TF exports (-cpu, -aarch64, -macos)
 # tensorflowjs>=3.9.0  # TF.js export
-# openvino-dev  # OpenVINO export
+# openvino-dev>=2022.1  # OpenVINO export
 
 # Extras --------------------------------------
 ipython  # interactive notebook
diff --git a/ultralytics/yolo/engine/exporter.py b/ultralytics/yolo/engine/exporter.py
index 3b6f92e049..629fb96d29 100644
--- a/ultralytics/yolo/engine/exporter.py
+++ b/ultralytics/yolo/engine/exporter.py
@@ -320,9 +320,9 @@ class Exporter:
     def _export_openvino(self, prefix=colorstr('OpenVINO:')):
         # YOLOv8 OpenVINO export
         check_requirements('openvino-dev')  # requires openvino-dev: https://pypi.org/project/openvino-dev/
-        import openvino.inference_engine as ie  # noqa
+        import openvino.runtime as ov  # noqa
 
-        LOGGER.info(f'\n{prefix} starting export with openvino {ie.__version__}...')
+        LOGGER.info(f'\n{prefix} starting export with openvino {ov.__version__}...')
         f = str(self.file).replace(self.file.suffix, f'_openvino_model{os.sep}')
         f_onnx = self.file.with_suffix('.onnx')