diff --git a/CHANGELOG.md b/CHANGELOG.md
index f9eda5b6fba7..0b453112c01e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -223,6 +223,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 * (x/capability) [#15030](https://github.com/cosmos/cosmos-sdk/pull/15030) Prevent `x/capability` from consuming `GasMeter` gas during `InitMemStore`
 * (types/coin) [#14739](https://github.com/cosmos/cosmos-sdk/pull/14739) Deprecate the method `Coin.IsEqual` in favour of  `Coin.Equal`. The difference between the two methods is that the first one results in a panic when denoms are not equal. This panic lead to unexpected behavior
 * (x/crypto) [#15258](https://github.com/cosmos/cosmos-sdk/pull/15258) Write keyhash file with permissions 0600 instead of 0555.
+* (cli) [#16138](https://github.com/cosmos/cosmos-sdk/pull/16138) Fix snapshot commands panic if snapshot don't exists.
 
 ### Deprecated
 
diff --git a/client/snapshot/dump.go b/client/snapshot/dump.go
index 917dca071512..3853bdff7094 100644
--- a/client/snapshot/dump.go
+++ b/client/snapshot/dump.go
@@ -3,6 +3,7 @@ package snapshot
 import (
 	"archive/tar"
 	"compress/gzip"
+	"errors"
 	"fmt"
 	"io"
 	"os"
@@ -48,6 +49,10 @@ func DumpArchiveCmd() *cobra.Command {
 				return err
 			}
 
+			if snapshot == nil {
+				return errors.New("snapshot don't exists")
+			}
+
 			bz, err := snapshot.Marshal()
 			if err != nil {
 				return err
diff --git a/store/snapshots/manager.go b/store/snapshots/manager.go
index 4401613aabf8..26b3604407d1 100644
--- a/store/snapshots/manager.go
+++ b/store/snapshots/manager.go
@@ -425,6 +425,10 @@ func (m *Manager) RestoreLocalSnapshot(height uint64, format uint32) error {
 		return err
 	}
 
+	if snapshot == nil {
+		return fmt.Errorf("snapshot don't exists, height: %d, format: %d", height, format)
+	}
+
 	m.mtx.Lock()
 	defer m.mtx.Unlock()