diff --git a/ci/deps/actions-38-db.yaml b/ci/deps/actions-38-db.yaml
index 3e959f9b7e992..7b73f43b7ba03 100644
--- a/ci/deps/actions-38-db.yaml
+++ b/ci/deps/actions-38-db.yaml
@@ -12,6 +12,7 @@ dependencies:
   - pytest-cov>=2.10.1  # this is only needed in the coverage build, ref: GH 35737
 
   # pandas dependencies
+  - aiobotocore<2.0.0
   - beautifulsoup4
   - botocore>=1.11
   - dask
diff --git a/environment.yml b/environment.yml
index f5f495bed4d78..7aa7bb0842eca 100644
--- a/environment.yml
+++ b/environment.yml
@@ -105,7 +105,7 @@ dependencies:
 
   - pytables>=3.6.1  # pandas.read_hdf, DataFrame.to_hdf
   - s3fs>=0.4.0  # file IO when using 's3://...' path
-  - aiobotocore
+  - aiobotocore<2.0.0
   - fsspec>=0.7.4  # for generic remote file operations
   - gcsfs>=0.6.0  # file IO when using 'gcs://...' path
   - sqlalchemy  # pandas.read_sql, DataFrame.to_sql
diff --git a/requirements-dev.txt b/requirements-dev.txt
index b384d3b6af5b8..6247b4e5a12b1 100644
--- a/requirements-dev.txt
+++ b/requirements-dev.txt
@@ -69,7 +69,7 @@ pyarrow>=1.0.1
 python-snappy
 tables>=3.6.1
 s3fs>=0.4.0
-aiobotocore
+aiobotocore<2.0.0
 fsspec>=0.7.4
 gcsfs>=0.6.0
 sqlalchemy