diff --git a/dvc/repo/data.py b/dvc/repo/data.py
index b29b86f51e..32415fd7e6 100644
--- a/dvc/repo/data.py
+++ b/dvc/repo/data.py
@@ -456,15 +456,17 @@ def _onerror(entry, exc):
             n += 1
             cb.set_size(n)
 
+        results = storage_map.bulk_remote_exists(
+            list(entries.values()), refresh=remote_refresh, callback=cb
+        )
         for key, entry in entries.items():
             k = (*key, "") if entry.meta and entry.meta.isdir else key
             try:
-                if not storage_map.remote_exists(entry, refresh=remote_refresh):
+                if not results.get(entry, False):
                     missing_entries.append(os.path.sep.join(k))
             except StorageKeyError:
                 pass
-            finally:
-                cb.relative_update()
+
     data_index.onerror = orig_data_index_onerror
     return missing_entries
 
diff --git a/pyproject.toml b/pyproject.toml
index a15f1e33e4..0518dc1e65 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -41,7 +41,7 @@ dependencies = [
     "distro>=1.3",
     "dpath<3,>=2.1.0",
     "dulwich",
-    "dvc-data>=3.16.2,<3.17",
+    "dvc-data>=3.17.0,<3.18",
     "dvc-http>=2.29.0",
     "dvc-objects",
     "dvc-render>=1.0.1,<2",