diff --git a/tracecmd/Makefile b/tracecmd/Makefile
index b7a23dc4..56742f0a 100644
--- a/tracecmd/Makefile
+++ b/tracecmd/Makefile
@@ -36,6 +36,7 @@ TRACE_CMD_OBJS += trace-usage.o
 TRACE_CMD_OBJS += trace-dump.o
 TRACE_CMD_OBJS += trace-clear.o
 TRACE_CMD_OBJS += trace-vm.o
+TRACE_CMD_OBJS += trace-convert.o
 
 ifeq ($(VSOCK_DEFINED), 1)
 TRACE_CMD_OBJS += trace-agent.o
diff --git a/tracecmd/include/trace-local.h b/tracecmd/include/trace-local.h
index e9a0aea8..13dab44c 100644
--- a/tracecmd/include/trace-local.h
+++ b/tracecmd/include/trace-local.h
@@ -110,6 +110,8 @@ void trace_usage(int argc, char **argv);
 
 void trace_dump(int argc, char **argv);
 
+void trace_convert(int argc, char **argv);
+
 int trace_record_agent(struct tracecmd_msg_handle *msg_handle,
 		       int cpus, int *fds,
 		       int argc, char **argv, bool use_fifos,
diff --git a/tracecmd/trace-cmd.c b/tracecmd/trace-cmd.c
index 9fc126e4..a83a8d0b 100644
--- a/tracecmd/trace-cmd.c
+++ b/tracecmd/trace-cmd.c
@@ -133,6 +133,7 @@ struct command commands[] = {
 	{"list", trace_list},
 	{"help", trace_usage},
 	{"dump", trace_dump},
+	{"convert", trace_convert},
 	{"-h", trace_usage},
 };
 
diff --git a/tracecmd/trace-convert.c b/tracecmd/trace-convert.c
new file mode 100644
index 00000000..c3b2c1d7
--- /dev/null
+++ b/tracecmd/trace-convert.c
@@ -0,0 +1,106 @@
+// SPDX-License-Identifier: GPL-2.0
+/*
+ * Copyright (C) 2021, VMware, Tzvetomir Stoyanov <tz.stoyanov@gmail.com>
+ */
+#include <stdlib.h>
+#include <unistd.h>
+#include <getopt.h>
+#include <fcntl.h>
+#include <errno.h>
+
+#include "trace-local.h"
+#include "trace-cmd.h"
+#include "trace-cmd-private.h"
+
+static void convert_file(const char *in, const char *out, int file_version, char *compr)
+{
+	struct tracecmd_input *ihandle;
+	struct tracecmd_output *ohandle;
+
+	ihandle = tracecmd_open_head(in, 0);
+	if (!ihandle)
+		die("error reading %s", in);
+	ohandle = tracecmd_copy(ihandle, out, TRACECMD_FILE_CPU_FLYRECORD, file_version, compr);
+	if (!ohandle)
+		die("error writing %s", out);
+	tracecmd_output_close(ohandle);
+	tracecmd_close(ihandle);
+}
+
+enum {
+	OPT_file_version	= 254,
+	OPT_compression		= 255,
+};
+
+void trace_convert(int argc, char **argv)
+{
+	char *input_file = NULL;
+	char *output_file = NULL;
+	char *compression = NULL;
+	int file_version = FILE_VERSION_DEFAULT;
+	int c;
+
+	if (argc < 2)
+		usage(argv);
+
+	if (strcmp(argv[1], "convert") != 0)
+		usage(argv);
+	for (;;) {
+		int option_index = 0;
+		static struct option long_options[] = {
+			{"compression", required_argument, NULL, OPT_compression},
+			{"file-version", required_argument, NULL, OPT_file_version},
+			{"help", no_argument, NULL, '?'},
+			{NULL, 0, NULL, 0}
+		};
+
+		c = getopt_long (argc-1, argv+1, "+hi:o:", long_options, &option_index);
+		if (c == -1)
+			break;
+		switch (c) {
+		case 'i':
+			if (input_file)
+				die("Only one input file is supported, %s already set",
+				    input_file);
+			input_file = optarg;
+			break;
+		case 'o':
+			if (output_file)
+				die("Only one output file is supported, %s already set",
+				    output_file);
+			output_file = optarg;
+			break;
+		case OPT_compression:
+			if (strcmp(optarg, "any") && strcmp(optarg, "none") &&
+			    !tracecmd_compress_is_supported(optarg, NULL))
+				die("Compression algorithm  %s is not supported", optarg);
+			compression = optarg;
+			break;
+		case OPT_file_version:
+			file_version = atoi(optarg);
+			if (file_version < FILE_VERSION_MIN || file_version > FILE_VERSION_MAX)
+				die("Unsupported file version %d, "
+				    "supported versions are from %d to %d",
+				    file_version, FILE_VERSION_MIN, FILE_VERSION_MAX);
+
+			break;
+		case 'h':
+		case '?':
+		default:
+			usage(argv);
+		}
+	}
+
+	if ((argc - optind) >= 2) {
+		if (output_file)
+			usage(argv);
+		output_file = argv[optind + 1];
+	}
+
+	if (!input_file)
+		input_file = DEFAULT_INPUT_FILE;
+	if (!output_file)
+		usage(argv);
+
+	convert_file(input_file, output_file, file_version, compression);
+}
diff --git a/tracecmd/trace-usage.c b/tracecmd/trace-usage.c
index 77898c1c..ec0af46f 100644
--- a/tracecmd/trace-usage.c
+++ b/tracecmd/trace-usage.c
@@ -412,6 +412,19 @@ static struct usage_help usage_help[] = {
 		"          -h, --help show usage information\n"
 		"          --verbose 'level' Set the desired log level\n"
 	},
+	{
+		"convert",
+		"convert trace file to different version",
+		" %s convert [options]\n"
+		"          -i input file, default is trace.dat\n"
+		"          -o output file, mandatory parameter.\n"
+		"             The output file can be specified also as last argument of the command\n"
+		"          --file-version set the desired trace file version\n"
+		"          --compression compress the trace output file, one of these strings can be passed:\n"
+		"                            any  - auto select the best available compression algorithm\n"
+		"                            none - do not compress the trace file\n"
+		"                            name - the name of the desired compression algorithms\n"
+		"                        available algorithms can be listed with trace-cmd list -c\n"	},
 	{
 		NULL, NULL, NULL
 	}
