diff --git a/ports/ffmpeg/CONTROL b/ports/ffmpeg/CONTROL
index 9fb3e5b5fd..9d7162faf0 100644
--- a/ports/ffmpeg/CONTROL
+++ b/ports/ffmpeg/CONTROL
@@ -1,6 +1,6 @@
 Source: ffmpeg
 Version: 4.3.2
-Port-Version: 0
+Port-Version: 1
 Homepage: https://ffmpeg.org
 Description: a library to decode, encode, transcode, mux, demux, stream, filter and play pretty much anything that humans and machines have created.
   FFmpeg is the leading multimedia framework, able to decode, encode, transcode, mux, demux, stream, filter and play pretty much anything that humans and machines have created. It supports the most obscure ancient formats up to the cutting edge. No matter if they were designed by some standards committee, the community or a corporation. It is also highly portable: FFmpeg compiles, runs, and passes our testing infrastructure FATE across Linux, Mac OS X, Microsoft Windows, the BSDs, Solaris, etc. under a wide variety of build environments, machine architectures, and configurations.
diff --git a/ports/ffmpeg/FindFFMPEG.cmake.in b/ports/ffmpeg/FindFFMPEG.cmake.in
index c06b355d3d..afad38cb06 100644
--- a/ports/ffmpeg/FindFFMPEG.cmake.in
+++ b/ports/ffmpeg/FindFFMPEG.cmake.in
@@ -72,7 +72,7 @@ function(find_platform_dependent_libraries)
   set(FFMPEG_PLATFORM_DEPENDENT_LIBS ${FFMPEG_PLATFORM_DEPENDENT_LIBS} PARENT_SCOPE)
 endfunction()
 
-set(FFMPEG_VERSION "4.3.1")
+set(FFMPEG_VERSION "4.3.2")
 
 find_dependency(Threads)
 if(UNIX)
@@ -287,28 +287,28 @@ FFMPEG_FIND(libavutil       avutil     avutil.h)
 if (FFMPEG_libavutil_FOUND)
   list(REMOVE_DUPLICATES FFMPEG_INCLUDE_DIRS)
   list(REMOVE_DUPLICATES FFMPEG_LIBRARY_DIRS)
-  set(FFMPEG_libavutil_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+  set(FFMPEG_libavutil_VERSION "56.51.100" CACHE STRING "")
 
   if(FFMPEG_libavcodec_FOUND)
-    set(FFMPEG_libavcodec_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libavcodec_VERSION "58.91.100" CACHE STRING "")
   endif()
   if(FFMPEG_libavdevice_FOUND)
-    set(FFMPEG_libavdevice_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libavdevice_VERSION "58.10.100" CACHE STRING "")
   endif()
   if(FFMPEG_libavfilter_FOUND)
-    set(FFMPEG_libavfilter_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libavfilter_VERSION "7.85.100" CACHE STRING "")
   endif()
   if(FFMPEG_libavformat_FOUND)
-    set(FFMPEG_libavformat_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libavformat_VERSION "58.45.100" CACHE STRING "")
   endif()
   if(FFMPEG_libavresample_FOUND)
-    set(FFMPEG_libavresample_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libavresample_VERSION "4.0.0" CACHE STRING "")
   endif()
   if(FFMPEG_libswresample_FOUND)
-    set(FFMPEG_libswresample_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libswresample_VERSION "3.7.100" CACHE STRING "")
   endif()
   if(FFMPEG_libswscale_FOUND)
-    set(FFMPEG_libswscale_VERSION "${FFMPEG_VERSION}" CACHE STRING "")
+    set(FFMPEG_libswscale_VERSION "5.7.100" CACHE STRING "")
   endif()
 
   list(APPEND FFMPEG_LIBRARIES
diff --git a/versions/baseline.json b/versions/baseline.json
index bbe16fdf84..d37be89bb7 100644
--- a/versions/baseline.json
+++ b/versions/baseline.json
@@ -1934,7 +1934,7 @@
     },
     "ffmpeg": {
       "baseline": "4.3.2",
-      "port-version": 0
+      "port-version": 1
     },
     "ffnvcodec": {
       "baseline": "10.0.26.0",
@@ -2552,7 +2552,7 @@
       "baseline": "9.0.0",
       "port-version": 0
     },
-	"iir1": {
+    "iir1": {
       "baseline": "1.8.0",
       "port-version": 0
     },
diff --git a/versions/f-/ffmpeg.json b/versions/f-/ffmpeg.json
index 5fbf8e4dda..42b7421a37 100644
--- a/versions/f-/ffmpeg.json
+++ b/versions/f-/ffmpeg.json
@@ -1,5 +1,10 @@
 {
   "versions": [
+    {
+      "git-tree": "8d581e93ca7ee374d63bae07dff49356c79dee8c",
+      "version-string": "4.3.2",
+      "port-version": 1
+    },
     {
       "git-tree": "fd3c02af90662935ece6ca6ced78f23319b753c9",
       "version-string": "4.3.2",