diff --git a/requirements/base.txt b/requirements/base.txt
index cf257c4bd..6e083576c 100644
--- a/requirements/base.txt
+++ b/requirements/base.txt
@@ -273,7 +273,7 @@ sqlalchemy-utils==0.38.3
     # via
     #   apache-superset
     #   flask-appbuilder
-sqlparse==0.3.0
+sqlparse==0.4.3
     # via apache-superset
 tabulate==0.8.9
     # via apache-superset
diff --git a/setup.py b/setup.py
index e62f8cdfa..b832bdfa9 100644
--- a/setup.py
+++ b/setup.py
@@ -117,7 +117,7 @@ setup(
         "slackclient==2.5.0",  # PINNED! slack changes file upload api in the future versions
         "sqlalchemy>=1.4, <2",
         "sqlalchemy-utils>=0.38.3, <0.39",
-        "sqlparse==0.3.0",  # PINNED! see https://github.com/andialbrecht/sqlparse/issues/562
+        "sqlparse>=0.4.3, <0.5",
         "tabulate==0.8.9",
         # needed to support Literal (3.8) and TypeGuard (3.10)
         "typing-extensions>=3.10, <4",
diff --git a/tests/unit_tests/sql_parse_tests.py b/tests/unit_tests/sql_parse_tests.py
index 2f168d205..70e5d4d3b 100644
--- a/tests/unit_tests/sql_parse_tests.py
+++ b/tests/unit_tests/sql_parse_tests.py
@@ -266,13 +266,9 @@ def test_extract_tables_illdefined() -> None:
     assert extract_tables("SELECT * FROM catalogname..tbname") == set()
 
 
-@unittest.skip("Requires sqlparse>=3.1")
 def test_extract_tables_show_tables_from() -> None:
     """
     Test ``SHOW TABLES FROM``.
-
-    This is currently broken in the pinned version of sqlparse, and fixed in
-    ``sqlparse>=3.1``. However, ``sqlparse==3.1`` breaks some sql formatting.
     """
     assert extract_tables("SHOW TABLES FROM s1 like '%order%'") == set()
 
@@ -1017,15 +1013,15 @@ def test_unknown_select() -> None:
     Test that `is_select` works when sqlparse fails to identify the type.
     """
     sql = "WITH foo AS(SELECT 1) SELECT 1"
-    assert sqlparse.parse(sql)[0].get_type() == "UNKNOWN"
+    assert sqlparse.parse(sql)[0].get_type() == "SELECT"
     assert ParsedQuery(sql).is_select()
 
     sql = "WITH foo AS(SELECT 1) INSERT INTO my_table (a) VALUES (1)"
-    assert sqlparse.parse(sql)[0].get_type() == "UNKNOWN"
+    assert sqlparse.parse(sql)[0].get_type() == "INSERT"
     assert not ParsedQuery(sql).is_select()
 
     sql = "WITH foo AS(SELECT 1) DELETE FROM my_table"
-    assert sqlparse.parse(sql)[0].get_type() == "UNKNOWN"
+    assert sqlparse.parse(sql)[0].get_type() == "DELETE"
     assert not ParsedQuery(sql).is_select()
 
 
@@ -1108,15 +1104,6 @@ SELECT * FROM birth_names LIMIT 1
 def test_sqlparse_formatting():
     """
     Test that ``from_unixtime`` is formatted correctly.
-
-    ``sqlparse==0.3.1`` has a bug and removes space between ``from`` and
-    ``from_unixtime``, resulting in::
-
-        SELECT extract(HOUR
-        fromfrom_unixtime(hour_ts)
-        AT TIME ZONE 'America/Los_Angeles')
-        from table
-
     """
     assert sqlparse.format(
         "SELECT extract(HOUR from from_unixtime(hour_ts) "