diff --git a/packages/cli/src/config/schema.ts b/packages/cli/src/config/schema.ts
index 54fa07e7f5..310d1c9ea0 100644
--- a/packages/cli/src/config/schema.ts
+++ b/packages/cli/src/config/schema.ts
@@ -60,6 +60,12 @@ export const schema = {
 			default: 3600,
 			env: 'EXECUTIONS_TIMEOUT_MAX',
 		},
+		httpTimeout: {
+			doc: 'Timeout for HTTP requests (seconds)',
+			format: Number,
+			default: 300,
+			env: 'N8N_HTTP_TIMEOUT',
+		},
 
 		// If a workflow executes all the data gets saved by default. This
 		// could be a problem when a workflow gets executed a lot and processes
diff --git a/packages/core/src/Constants.ts b/packages/core/src/Constants.ts
index d5fc12bffd..6829df604b 100644
--- a/packages/core/src/Constants.ts
+++ b/packages/core/src/Constants.ts
@@ -12,3 +12,4 @@ export const CONFIG_FILES = 'N8N_CONFIG_FILES';
 export const BINARY_DATA_STORAGE_PATH = 'N8N_BINARY_DATA_STORAGE_PATH';
 export const UM_EMAIL_TEMPLATES_INVITE = 'N8N_UM_EMAIL_TEMPLATES_INVITE';
 export const UM_EMAIL_TEMPLATES_PWRESET = 'N8N_UM_EMAIL_TEMPLATES_PWRESET';
+export const HTTP_TIMEOUT = 'N8N_HTTP_TIMEOUT';
diff --git a/packages/core/src/NodeExecuteFunctions.ts b/packages/core/src/NodeExecuteFunctions.ts
index 750ff80dd9..ce134b0770 100644
--- a/packages/core/src/NodeExecuteFunctions.ts
+++ b/packages/core/src/NodeExecuteFunctions.ts
@@ -119,6 +119,7 @@ import {
 	BLOCK_FILE_ACCESS_TO_N8N_FILES,
 	CONFIG_FILES,
 	CUSTOM_EXTENSION_ENV,
+	HTTP_TIMEOUT,
 	RESTRICT_FILE_ACCESS_TO,
 	UM_EMAIL_TEMPLATES_INVITE,
 	UM_EMAIL_TEMPLATES_PWRESET,
@@ -140,7 +141,11 @@ import {
 import { ScheduledTaskManager } from './ScheduledTaskManager';
 import { SSHClientsManager } from './SSHClientsManager';
 
-axios.defaults.timeout = 300000;
+// httpTimeout schema config is provided in seconds
+axios.defaults.timeout = process.env[HTTP_TIMEOUT]
+	? parseInt(process.env[HTTP_TIMEOUT]) * 1000
+	: 300000;
+
 // Prevent axios from adding x-form-www-urlencoded headers by default
 axios.defaults.headers.post = {};
 axios.defaults.headers.put = {};