diff --git a/packages/babel-preset-env/src/index.js b/packages/babel-preset-env/src/index.js
index 85a784476b83..76f11ebcb934 100644
--- a/packages/babel-preset-env/src/index.js
+++ b/packages/babel-preset-env/src/index.js
@@ -1,5 +1,6 @@
 //@flow
 
+import { SemVer } from "semver";
 import { logPluginOrPolyfill } from "./debug";
 import getOptionSpecificExcludesFor from "./get-option-specific-excludes";
 import filterItems from "./filter-items";
@@ -20,6 +21,9 @@ import availablePlugins from "./available-plugins";
 import { filterStageFromList, prettifyTargets } from "./utils";
 import { declare } from "@babel/helper-plugin-utils";
 
+import typeof ModuleTransformationsType from "./module-transformations";
+import type { BuiltInsOption, Targets, ModuleOption } from "./types";
+
 export { isPluginRequired } from "./filter-items";
 
 const pluginListWithoutProposals = filterStageFromList(
@@ -56,6 +60,103 @@ export const transformIncludesAndExcludes = (opts: Array<string>): Object => {
   );
 };
 
+export const getModulesPluginNames = ({
+  modules,
+  transformations,
+  shouldTransformESM,
+  shouldTransformDynamicImport,
+}: {
+  modules: ModuleOption,
+  transformations: ModuleTransformationsType,
+  shouldTransformESM: boolean,
+  shouldTransformDynamicImport: boolean,
+}) => {
+  const modulesPluginNames = [];
+  if (modules !== false && transformations[modules]) {
+    if (shouldTransformESM) {
+      modulesPluginNames.push(transformations[modules]);
+    }
+
+    if (
+      shouldTransformDynamicImport &&
+      shouldTransformESM &&
+      modules !== "umd"
+    ) {
+      modulesPluginNames.push("proposal-dynamic-import");
+    } else {
+      if (shouldTransformDynamicImport) {
+        console.warn(
+          "Dynamic import can only be supported when transforming ES modules" +
+            " to AMD, CommonJS or SystemJS. Only the parser plugin will be enabled.",
+        );
+      }
+      modulesPluginNames.push("syntax-dynamic-import");
+    }
+  } else {
+    modulesPluginNames.push("syntax-dynamic-import");
+  }
+  return modulesPluginNames;
+};
+
+export const getPolyfillPlugins = ({
+  useBuiltIns,
+  corejs,
+  polyfillTargets,
+  include,
+  exclude,
+  proposals,
+  shippedProposals,
+  regenerator,
+  debug,
+}: {
+  useBuiltIns: BuiltInsOption,
+  corejs: typeof SemVer | null | false,
+  polyfillTargets: Targets,
+  include: Set<string>,
+  exclude: Set<string>,
+  proposals: boolean,
+  shippedProposals: boolean,
+  regenerator: boolean,
+  debug: boolean,
+}) => {
+  const polyfillPlugins = [];
+  if (useBuiltIns === "usage" || useBuiltIns === "entry") {
+    const pluginOptions = {
+      corejs,
+      polyfillTargets,
+      include,
+      exclude,
+      proposals,
+      shippedProposals,
+      regenerator,
+      debug,
+    };
+
+    if (corejs) {
+      if (useBuiltIns === "usage") {
+        if (corejs.major === 2) {
+          polyfillPlugins.push([addCoreJS2UsagePlugin, pluginOptions]);
+        } else {
+          polyfillPlugins.push([addCoreJS3UsagePlugin, pluginOptions]);
+        }
+        if (regenerator) {
+          polyfillPlugins.push([addRegeneratorUsagePlugin, pluginOptions]);
+        }
+      } else {
+        if (corejs.major === 2) {
+          polyfillPlugins.push([replaceCoreJS2EntryPlugin, pluginOptions]);
+        } else {
+          polyfillPlugins.push([replaceCoreJS3EntryPlugin, pluginOptions]);
+          if (!regenerator) {
+            polyfillPlugins.push([removeRegeneratorEntryPlugin, pluginOptions]);
+          }
+        }
+      }
+    }
+  }
+  return polyfillPlugins;
+};
+
 function supportsStaticESM(caller) {
   return !!(caller && caller.supportsStaticESM);
 }
@@ -115,58 +216,46 @@ export default declare((api, opts) => {
 
   const transformTargets = forceAllTransforms || hasUglifyTarget ? {} : targets;
 
-  const transformations = filterItems(
+  const modulesPluginNames = getModulesPluginNames({
+    modules,
+    transformations: moduleTransformations,
+    // TODO: Remove the 'api.caller' check eventually. Just here to prevent
+    // unnecessary breakage in the short term for users on older betas/RCs.
+    shouldTransformESM:
+      modules !== "auto" || !api.caller || !api.caller(supportsStaticESM),
+    shouldTransformDynamicImport:
+      modules !== "auto" || !api.caller || !api.caller(supportsDynamicImport),
+  });
+
+  const pluginNames = filterItems(
     shippedProposals ? pluginList : pluginListWithoutProposals,
     include.plugins,
     exclude.plugins,
     transformTargets,
-    null,
+    modulesPluginNames,
     getOptionSpecificExcludesFor({ loose }),
     pluginSyntaxMap,
   );
 
-  const plugins = [];
-  const pluginUseBuiltIns = useBuiltIns !== false;
-
-  if (modules !== false && moduleTransformations[modules]) {
-    // TODO: Remove the 'api.caller' check eventually. Just here to prevent
-    // unnecessary breakage in the short term for users on older betas/RCs.
-    const shouldTransformESM =
-      modules !== "auto" || !api.caller || !api.caller(supportsStaticESM);
-    const shouldTransformDynamicImport =
-      modules !== "auto" || !api.caller || !api.caller(supportsDynamicImport);
-
-    if (shouldTransformESM) {
-      // NOTE: not giving spec here yet to avoid compatibility issues when
-      // transform-modules-commonjs gets its spec mode
-      plugins.push([getPlugin(moduleTransformations[modules]), { loose }]);
-    }
-
-    if (
-      shouldTransformDynamicImport &&
-      shouldTransformESM &&
-      modules !== "umd"
-    ) {
-      plugins.push([getPlugin("proposal-dynamic-import"), { loose }]);
-    } else {
-      if (shouldTransformDynamicImport) {
-        console.warn(
-          "Dynamic import can only be supported when transforming ES modules" +
-            " to AMD, CommonJS or SystemJS. Only the parser plugin will be enabled.",
-        );
-      }
-      plugins.push(getPlugin("syntax-dynamic-import"));
-    }
-  } else {
-    plugins.push(getPlugin("syntax-dynamic-import"));
-  }
+  const polyfillPlugins = getPolyfillPlugins({
+    useBuiltIns,
+    corejs,
+    polyfillTargets: targets,
+    include: include.builtIns,
+    exclude: exclude.builtIns,
+    proposals,
+    shippedProposals,
+    regenerator: pluginNames.has("transform-regenerator"),
+    debug,
+  });
 
-  transformations.forEach(pluginName =>
-    plugins.push([
+  const pluginUseBuiltIns = useBuiltIns !== false;
+  const plugins = Array.from(pluginNames)
+    .map(pluginName => [
       getPlugin(pluginName),
       { spec, loose, useBuiltIns: pluginUseBuiltIns },
-    ]),
-  );
+    ])
+    .concat(polyfillPlugins);
 
   if (debug) {
     console.log("@babel/preset-env: `DEBUG` option");
@@ -174,8 +263,8 @@ export default declare((api, opts) => {
     console.log(JSON.stringify(prettifyTargets(targets), null, 2));
     console.log(`\nUsing modules transform: ${modules.toString()}`);
     console.log("\nUsing plugins:");
-    transformations.forEach(transform => {
-      logPluginOrPolyfill(transform, targets, pluginList);
+    pluginNames.forEach(pluginName => {
+      logPluginOrPolyfill(pluginName, targets, pluginList);
     });
 
     if (!useBuiltIns) {
@@ -183,46 +272,10 @@ export default declare((api, opts) => {
         "\nUsing polyfills: No polyfills were added, since the `useBuiltIns` option was not set.",
       );
     } else {
+      // NOTE: Polyfill plugins are outputting debug info internally
       console.log(`\nUsing polyfills with \`${useBuiltIns}\` option:`);
     }
   }
 
-  if (useBuiltIns === "usage" || useBuiltIns === "entry") {
-    const regenerator = transformations.has("transform-regenerator");
-
-    const pluginOptions = {
-      corejs,
-      polyfillTargets: targets,
-      include: include.builtIns,
-      exclude: exclude.builtIns,
-      proposals,
-      shippedProposals,
-      regenerator,
-      debug,
-    };
-
-    if (corejs) {
-      if (useBuiltIns === "usage") {
-        if (corejs.major === 2) {
-          plugins.push([addCoreJS2UsagePlugin, pluginOptions]);
-        } else {
-          plugins.push([addCoreJS3UsagePlugin, pluginOptions]);
-        }
-        if (regenerator) {
-          plugins.push([addRegeneratorUsagePlugin, pluginOptions]);
-        }
-      } else {
-        if (corejs.major === 2) {
-          plugins.push([replaceCoreJS2EntryPlugin, pluginOptions]);
-        } else {
-          plugins.push([replaceCoreJS3EntryPlugin, pluginOptions]);
-          if (!regenerator) {
-            plugins.push([removeRegeneratorEntryPlugin, pluginOptions]);
-          }
-        }
-      }
-    }
-  }
-
   return { plugins };
 });
diff --git a/packages/babel-preset-env/src/normalize-options.js b/packages/babel-preset-env/src/normalize-options.js
index 76b13f5a7e39..523857ea5832 100644
--- a/packages/babel-preset-env/src/normalize-options.js
+++ b/packages/babel-preset-env/src/normalize-options.js
@@ -32,23 +32,29 @@ const validateTopLevelOptions = (options: Options) => {
   }
 };
 
-const allPluginsList = [
-  ...Object.keys(pluginsList),
+const allPluginsList = Object.keys(pluginsList);
+
+// NOTE: Since module plugins are handled seperatly compared to other plugins (via the "modules" option) it
+// should only be possible to exclude and not include module plugins, otherwise it's possible that preset-env
+// will add a module plugin twice.
+const modulePlugins = [
+  "proposal-dynamic-import",
   ...Object.keys(moduleTransformations).map(m => moduleTransformations[m]),
 ];
 
-const validIncludesAndExcludesWithoutCoreJS = new Set(allPluginsList);
-
-const validIncludesAndExcludesWithCoreJS2 = new Set([
-  ...allPluginsList,
-  ...Object.keys(corejs2Polyfills),
-  ...defaultWebIncludes,
-]);
-
-const validIncludesAndExcludesWithCoreJS3 = new Set([
-  ...allPluginsList,
-  ...Object.keys(corejs3Polyfills),
-]);
+const getValidIncludesAndExcludes = (
+  type: "include" | "exclude",
+  corejs: number | false,
+) =>
+  new Set([
+    ...allPluginsList,
+    ...(type === "exclude" ? modulePlugins : []),
+    ...(corejs
+      ? corejs == 2
+        ? [...Object.keys(corejs2Polyfills), ...defaultWebIncludes]
+        : Object.keys(corejs3Polyfills)
+      : []),
+  ]);
 
 const pluginToRegExp = (plugin: PluginListItem) => {
   if (plugin instanceof RegExp) return plugin;
@@ -59,14 +65,14 @@ const pluginToRegExp = (plugin: PluginListItem) => {
   }
 };
 
-const selectPlugins = (regexp: RegExp | null, corejs: number | false) =>
-  Array.from(
-    corejs
-      ? corejs == 2
-        ? validIncludesAndExcludesWithCoreJS2
-        : validIncludesAndExcludesWithCoreJS3
-      : validIncludesAndExcludesWithoutCoreJS,
-  ).filter(item => regexp instanceof RegExp && regexp.test(item));
+const selectPlugins = (
+  regexp: RegExp | null,
+  type: "include" | "exclude",
+  corejs: number | false,
+) =>
+  Array.from(getValidIncludesAndExcludes(type, corejs)).filter(
+    item => regexp instanceof RegExp && regexp.test(item),
+  );
 
 const flatten = <T>(array: Array<Array<T>>): Array<T> => [].concat(...array);
 
@@ -78,7 +84,7 @@ const expandIncludesAndExcludes = (
   if (plugins.length === 0) return [];
 
   const selectedPlugins = plugins.map(plugin =>
-    selectPlugins(pluginToRegExp(plugin), corejs),
+    selectPlugins(pluginToRegExp(plugin), type, corejs),
   );
   const invalidRegExpList = plugins.filter(
     (p, i) => selectedPlugins[i].length === 0,
diff --git a/packages/babel-preset-env/test/debug-fixtures/corejs-without-usebuiltins/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/corejs-without-usebuiltins/stdout.txt
index 1480ffe6bec5..8edc822211ac 100644
--- a/packages/babel-preset-env/test/debug-fixtures/corejs-without-usebuiltins/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/corejs-without-usebuiltins/stdout.txt
@@ -40,6 +40,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills: No polyfills were added, since the `useBuiltIns` option was not set.
 Successfully compiled 1 file with Babel.
\ No newline at end of file
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-android/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-android/stdout.txt
index f3d91c14ed87..9660624a053b 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-android/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-android/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-optional-catch-binding { "android":"4" }
   transform-named-capturing-groups-regex { "android":"4" }
   transform-reserved-words { "android":"4" }
+  transform-modules-commonjs { "android":"4" }
+  proposal-dynamic-import { "android":"4" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-electron/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-electron/stdout.txt
index e0c6a95adc0d..ce32c796e65c 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-electron/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-electron/stdout.txt
@@ -34,6 +34,8 @@ Using plugins:
   transform-named-capturing-groups-regex { "electron":"0.36" }
   transform-member-expression-literals { "electron":"0.36" }
   transform-property-literals { "electron":"0.36" }
+  transform-modules-commonjs { "electron":"0.36" }
+  proposal-dynamic-import { "electron":"0.36" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-force-all-transforms/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-force-all-transforms/stdout.txt
index 988f64db332a..30fbdca39bfc 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-force-all-transforms/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-force-all-transforms/stdout.txt
@@ -40,6 +40,7 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  syntax-dynamic-import { "chrome":"55" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-no-import/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-no-import/stdout.txt
index ac37a584bfdf..8d7d5c3610d2 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-no-import/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-no-import/stdout.txt
@@ -20,6 +20,8 @@ Using plugins:
   proposal-json-strings { "node":"6" }
   proposal-optional-catch-binding { "node":"6" }
   transform-named-capturing-groups-regex { "node":"6" }
+  transform-modules-commonjs { "node":"6" }
+  proposal-dynamic-import { "node":"6" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals-chrome-71/stdout.txt
index c5a336627064..1892aa8040bb 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals/stdout.txt
index 04e8ce0e5829..68c0e41d5803 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-proposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals-chrome-71/stdout.txt
index c5a336627064..1892aa8040bb 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals/stdout.txt
index 04e8ce0e5829..68c0e41d5803 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-shippedProposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-specific-targets/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-specific-targets/stdout.txt
index a7c6a94b05aa..0ef9459d2b43 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-specific-targets/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-specific-targets/stdout.txt
@@ -42,6 +42,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
   proposal-optional-catch-binding { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
   transform-named-capturing-groups-regex { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
+  transform-modules-commonjs { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
+  proposal-dynamic-import { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-decimals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-decimals/stdout.txt
index 3988359b77cf..52357b555629 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-decimals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-decimals/stdout.txt
@@ -50,6 +50,8 @@ Using plugins:
   transform-named-capturing-groups-regex { "chrome":"54", "electron":"0.36", "ie":"10", "node":"6.1" }
   transform-member-expression-literals { "electron":"0.36" }
   transform-property-literals { "electron":"0.36" }
+  transform-modules-commonjs { "chrome":"54", "electron":"0.36", "ie":"10", "node":"6.1" }
+  proposal-dynamic-import { "chrome":"54", "electron":"0.36", "ie":"10", "node":"6.1" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-strings/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-strings/stdout.txt
index 2599a836d290..05a6f95b2cac 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-strings/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2-versions-strings/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6.10" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6.10" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6.10" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6.10" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6.10" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2/stdout.txt
index 943bad68b9b1..fd68de0c44c6 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs2/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs2/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all-chrome-71/stdout.txt
index bbefff8cb204..2951c8d2839d 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all/stdout.txt
index 9c9fa026270b..09822b87afc2 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-all/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-android/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-android/stdout.txt
index b73850b76698..85869080092e 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-android/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-android/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-optional-catch-binding { "android":"4" }
   transform-named-capturing-groups-regex { "android":"4" }
   transform-reserved-words { "android":"4" }
+  transform-modules-commonjs { "android":"4" }
+  proposal-dynamic-import { "android":"4" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-babel-polyfill/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-babel-polyfill/stdout.txt
index 22616b88ea89..9e116b9ca002 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-babel-polyfill/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-babel-polyfill/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-electron/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-electron/stdout.txt
index f554ec16ce1f..2db44452e27e 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-electron/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-electron/stdout.txt
@@ -34,6 +34,8 @@ Using plugins:
   transform-named-capturing-groups-regex { "electron":"0.36" }
   transform-member-expression-literals { "electron":"0.36" }
   transform-property-literals { "electron":"0.36" }
+  transform-modules-commonjs { "electron":"0.36" }
+  proposal-dynamic-import { "electron":"0.36" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-chrome-71/stdout.txt
index 1e83b69ce75f..9b5801afb435 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals-chrome-71/stdout.txt
index 5cf2958c3b05..f1855c04cb94 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals/stdout.txt
index bc007cc33283..87b297105bbf 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es-proposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es/stdout.txt
index cf961ab95885..83949367f997 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-es/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-force-all-transforms/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-force-all-transforms/stdout.txt
index 332da98e97bf..da1c67caeaf5 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-force-all-transforms/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-force-all-transforms/stdout.txt
@@ -40,6 +40,7 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  syntax-dynamic-import { "chrome":"55" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-no-import/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-no-import/stdout.txt
index 73ffcc5860ea..f5eaed804825 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-no-import/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-no-import/stdout.txt
@@ -20,6 +20,8 @@ Using plugins:
   proposal-json-strings { "node":"6" }
   proposal-optional-catch-binding { "node":"6" }
   transform-named-capturing-groups-regex { "node":"6" }
+  transform-modules-commonjs { "node":"6" }
+  proposal-dynamic-import { "node":"6" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals-chrome-71/stdout.txt
index 415f49d21038..a561ed31a0c5 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals/stdout.txt
index e0cdc2017967..ad2dc8d7e10a 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-proposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only-chrome-71/stdout.txt
index 2420ffb75e8e..26521e3ce411 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only/stdout.txt
index 2420ffb75e8e..26521e3ce411 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-runtime-only/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries-chrome-71/stdout.txt
index e77af2686b72..41a8bda0a4c0 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries/stdout.txt
index d8ff0734f2d0..34ce13f88405 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-entries/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-targets/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-targets/stdout.txt
index 0be270e41146..799b42a28da5 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-targets/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-specific-targets/stdout.txt
@@ -42,6 +42,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
   proposal-optional-catch-binding { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
   transform-named-capturing-groups-regex { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
+  transform-modules-commonjs { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
+  proposal-dynamic-import { "chrome":"54", "edge":"13", "firefox":"49", "ie":"10", "ios":"9", "safari":"7" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-chrome-71/stdout.txt
index 781f32ad0974..f286aae03105 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-samsung-8.2/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-samsung-8.2/stdout.txt
index 50f7b3e20e25..e3b023fc70a1 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-samsung-8.2/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable-samsung-8.2/stdout.txt
@@ -14,6 +14,8 @@ Using plugins:
   proposal-json-strings { "samsung":"8.2" }
   proposal-optional-catch-binding { "samsung":"8.2" }
   transform-named-capturing-groups-regex { "samsung":"8.2" }
+  transform-modules-commonjs { "samsung":"8.2" }
+  proposal-dynamic-import { "samsung":"8.2" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable/stdout.txt
index ac359171f3f1..27caa7f6dffa 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stable/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage-chrome-71/stdout.txt
index 415f49d21038..a561ed31a0c5 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage/stdout.txt
index e0cdc2017967..ad2dc8d7e10a 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-stage/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-decimals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-decimals/stdout.txt
index 359bbdb07bdd..37f523184009 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-decimals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-decimals/stdout.txt
@@ -50,6 +50,8 @@ Using plugins:
   transform-named-capturing-groups-regex { "chrome":"54", "electron":"0.36", "ie":"10", "node":"6.1" }
   transform-member-expression-literals { "electron":"0.36" }
   transform-property-literals { "electron":"0.36" }
+  transform-modules-commonjs { "chrome":"54", "electron":"0.36", "ie":"10", "node":"6.1" }
+  proposal-dynamic-import { "chrome":"54", "electron":"0.36", "ie":"10", "node":"6.1" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.0/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.0/stdout.txt
index d51520a95c36..e609f7f5a6d4 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.0/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.0/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6.10" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6.10" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6.10" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6.10" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6.10" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.1/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.1/stdout.txt
index 9bdec21bb16c..2fd667e1edbe 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.1/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings-minor-3.1/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6.10" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6.10" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6.10" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6.10" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6.10" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings/stdout.txt
index d51520a95c36..e609f7f5a6d4 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-versions-strings/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6.10" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6.10" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6.10" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6.10" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6.10" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web-chrome-71/stdout.txt
index 47e1b712c226..7915062dd76c 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web/stdout.txt
index 10497d8551ab..31e603812e9c 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3-web/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3/stdout.txt
index be4132d6b1f0..712a1e1dcbb1 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-corejs3/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-corejs3/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-no-import/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-no-import/stdout.txt
index ac37a584bfdf..8d7d5c3610d2 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-no-import/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-no-import/stdout.txt
@@ -20,6 +20,8 @@ Using plugins:
   proposal-json-strings { "node":"6" }
   proposal-optional-catch-binding { "node":"6" }
   transform-named-capturing-groups-regex { "node":"6" }
+  transform-modules-commonjs { "node":"6" }
+  proposal-dynamic-import { "node":"6" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-shippedProposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-shippedProposals/stdout.txt
index 04e8ce0e5829..68c0e41d5803 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-shippedProposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-shippedProposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  transform-modules-commonjs {}
+  proposal-dynamic-import {}
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-uglify/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-uglify/stdout.txt
index 2a97e7973107..e7948062c039 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-uglify/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs-uglify/stdout.txt
@@ -43,6 +43,7 @@ Using plugins:
   transform-member-expression-literals {}
   transform-property-literals {}
   transform-reserved-words {}
+  syntax-dynamic-import { "chrome":"55" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs/stdout.txt
index 943bad68b9b1..fd68de0c44c6 100644
--- a/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/entry-no-corejs/stdout.txt
@@ -39,6 +39,8 @@ Using plugins:
   proposal-json-strings { "chrome":"54", "ie":"10", "node":"6" }
   proposal-optional-catch-binding { "chrome":"54", "ie":"10", "node":"6" }
   transform-named-capturing-groups-regex { "chrome":"54", "ie":"10", "node":"6" }
+  transform-modules-commonjs { "chrome":"54", "ie":"10", "node":"6" }
+  proposal-dynamic-import { "chrome":"54", "ie":"10", "node":"6" }
 
 Using polyfills with `entry` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/plugins-only/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/plugins-only/stdout.txt
index b9408aae4462..2fa404a6d446 100644
--- a/packages/babel-preset-env/test/debug-fixtures/plugins-only/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/plugins-only/stdout.txt
@@ -27,6 +27,8 @@ Using plugins:
   proposal-json-strings { "firefox":"52", "node":"7.4" }
   proposal-optional-catch-binding { "firefox":"52", "node":"7.4" }
   transform-named-capturing-groups-regex { "firefox":"52", "node":"7.4" }
+  transform-modules-commonjs { "firefox":"52", "node":"7.4" }
+  proposal-dynamic-import { "firefox":"52", "node":"7.4" }
 
 Using polyfills: No polyfills were added, since the `useBuiltIns` option was not set.
 Successfully compiled 1 file with Babel.
\ No newline at end of file
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-chrome-71/stdout.txt
index b3df5f0872ba..f3e6f360ea96 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-none/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-none/stdout.txt
index fafdcfca187c..5f82e7187c64 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-none/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-none/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals-chrome-71/stdout.txt
index b3df5f0872ba..f3e6f360ea96 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals/stdout.txt
index 8d1136d823bd..430a23ee87e9 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-proposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-shippedProposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-shippedProposals/stdout.txt
index 8d1136d823bd..430a23ee87e9 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-shippedProposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-shippedProposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-with-import/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-with-import/stdout.txt
index e976e00c5f93..8682c140a4c0 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-with-import/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2-with-import/stdout.txt
@@ -15,6 +15,8 @@ Using plugins:
   proposal-json-strings { "chrome":"55" }
   proposal-optional-catch-binding { "chrome":"55" }
   transform-named-capturing-groups-regex { "chrome":"55" }
+  transform-modules-commonjs { "chrome":"55" }
+  proposal-dynamic-import { "chrome":"55" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2/stdout.txt
index 8d1136d823bd..430a23ee87e9 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs2/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs2/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-chrome-71/stdout.txt
index 3b0d7b91373c..e6cf48c68031 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-none/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-none/stdout.txt
index fafdcfca187c..5f82e7187c64 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-none/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-none/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals-chrome-71/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals-chrome-71/stdout.txt
index e3546e022a16..c1e4baec7483 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals-chrome-71/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals-chrome-71/stdout.txt
@@ -12,6 +12,8 @@ Using plugins:
   syntax-object-rest-spread { "chrome":"71" }
   syntax-json-strings { "chrome":"71" }
   syntax-optional-catch-binding { "chrome":"71" }
+  transform-modules-commonjs { "chrome":"71" }
+  proposal-dynamic-import { "chrome":"71" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals/stdout.txt
index cec7b6803911..201d4da1235c 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-proposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-shippedProposals/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-shippedProposals/stdout.txt
index c9d333c5820b..dcf94e17e1d4 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-shippedProposals/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-shippedProposals/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.0/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.0/stdout.txt
index 5c7a63345026..170f5231957f 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.0/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.0/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.1/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.1/stdout.txt
index 5c7a63345026..170f5231957f 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.1/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-versions-strings-minor-3.1/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-with-import/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-with-import/stdout.txt
index e976e00c5f93..8682c140a4c0 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-with-import/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3-with-import/stdout.txt
@@ -15,6 +15,8 @@ Using plugins:
   proposal-json-strings { "chrome":"55" }
   proposal-optional-catch-binding { "chrome":"55" }
   transform-named-capturing-groups-regex { "chrome":"55" }
+  transform-modules-commonjs { "chrome":"55" }
+  proposal-dynamic-import { "chrome":"55" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3/stdout.txt
index 5c7a63345026..170f5231957f 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-corejs3/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-corejs3/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs-none/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs-none/stdout.txt
index fafdcfca187c..5f82e7187c64 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs-none/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs-none/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs/stdout.txt b/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs/stdout.txt
index 8d1136d823bd..430a23ee87e9 100644
--- a/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs/stdout.txt
+++ b/packages/babel-preset-env/test/debug-fixtures/usage-no-corejs/stdout.txt
@@ -38,6 +38,8 @@ Using plugins:
   proposal-json-strings { "chrome":"52", "firefox":"50", "ie":"11" }
   proposal-optional-catch-binding { "chrome":"52", "firefox":"50", "ie":"11" }
   transform-named-capturing-groups-regex { "chrome":"52", "firefox":"50", "ie":"11" }
+  transform-modules-commonjs { "chrome":"52", "firefox":"50", "ie":"11" }
+  proposal-dynamic-import { "chrome":"52", "firefox":"50", "ie":"11" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/fixtures/corejs2/usage-browserslist-config-ignore/stdout.txt b/packages/babel-preset-env/test/fixtures/corejs2/usage-browserslist-config-ignore/stdout.txt
index 61526c5b8070..3489d7294e09 100644
--- a/packages/babel-preset-env/test/fixtures/corejs2/usage-browserslist-config-ignore/stdout.txt
+++ b/packages/babel-preset-env/test/fixtures/corejs2/usage-browserslist-config-ignore/stdout.txt
@@ -26,6 +26,7 @@ Using plugins:
   proposal-json-strings { "chrome":"61", "edge":"16", "firefox":"60", "ios":"10.3", "opera":"48", "safari":"10.1" }
   proposal-optional-catch-binding { "chrome":"61", "edge":"16", "ios":"10.3", "opera":"48", "safari":"10.1" }
   transform-named-capturing-groups-regex { "chrome":"61", "edge":"16", "firefox":"60", "ios":"10.3", "opera":"48", "safari":"10.1" }
+  syntax-dynamic-import { "chrome":"61", "edge":"16", "firefox":"60", "ios":"10.3", "opera":"48", "safari":"10.1" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/fixtures/corejs3/usage-browserslist-config-ignore/stdout.txt b/packages/babel-preset-env/test/fixtures/corejs3/usage-browserslist-config-ignore/stdout.txt
index af7e5f8e39c4..5b3c33fd0b12 100644
--- a/packages/babel-preset-env/test/fixtures/corejs3/usage-browserslist-config-ignore/stdout.txt
+++ b/packages/babel-preset-env/test/fixtures/corejs3/usage-browserslist-config-ignore/stdout.txt
@@ -26,6 +26,7 @@ Using plugins:
   proposal-json-strings { "chrome":"61", "edge":"16", "firefox":"60", "ios":"10.3", "opera":"48", "safari":"10.1" }
   proposal-optional-catch-binding { "chrome":"61", "edge":"16", "ios":"10.3", "opera":"48", "safari":"10.1" }
   transform-named-capturing-groups-regex { "chrome":"61", "edge":"16", "firefox":"60", "ios":"10.3", "opera":"48", "safari":"10.1" }
+  syntax-dynamic-import { "chrome":"61", "edge":"16", "firefox":"60", "ios":"10.3", "opera":"48", "safari":"10.1" }
 
 Using polyfills with `usage` option:
 
diff --git a/packages/babel-preset-env/test/fixtures/preset-options/safari-10_3-block-scoped/stdout.txt b/packages/babel-preset-env/test/fixtures/preset-options/safari-10_3-block-scoped/stdout.txt
index 494481624f2f..ba01385d275e 100644
--- a/packages/babel-preset-env/test/fixtures/preset-options/safari-10_3-block-scoped/stdout.txt
+++ b/packages/babel-preset-env/test/fixtures/preset-options/safari-10_3-block-scoped/stdout.txt
@@ -20,5 +20,7 @@ Using plugins:
   proposal-json-strings { "safari":"10" }
   proposal-optional-catch-binding { "safari":"10" }
   transform-named-capturing-groups-regex { "safari":"10" }
+  transform-modules-commonjs { "safari":"10" }
+  proposal-dynamic-import { "safari":"10" }
 
 Using polyfills: No polyfills were added, since the `useBuiltIns` option was not set.
diff --git a/packages/babel-preset-env/test/index.spec.js b/packages/babel-preset-env/test/index.spec.js
index 7b281f4e1885..ded00e6c2e14 100644
--- a/packages/babel-preset-env/test/index.spec.js
+++ b/packages/babel-preset-env/test/index.spec.js
@@ -1,6 +1,19 @@
 "use strict";
 
 const babelPresetEnv = require("../lib/index");
+const addCoreJS2UsagePlugin = require("../lib/polyfills/corejs2/usage-plugin")
+  .default;
+const addCoreJS3UsagePlugin = require("../lib/polyfills/corejs3/usage-plugin")
+  .default;
+const addRegeneratorUsagePlugin = require("../lib/polyfills/regenerator/usage-plugin")
+  .default;
+const replaceCoreJS2EntryPlugin = require("../lib/polyfills/corejs2/entry-plugin")
+  .default;
+const replaceCoreJS3EntryPlugin = require("../lib/polyfills/corejs3/entry-plugin")
+  .default;
+const removeRegeneratorEntryPlugin = require("../lib/polyfills/regenerator/entry-plugin")
+  .default;
+const transformations = require("../lib/module-transformations").default;
 
 describe("babel-preset-env", () => {
   describe("transformIncludesAndExcludes", () => {
@@ -24,4 +37,215 @@ describe("babel-preset-env", () => {
       });
     });
   });
+  describe("getModulesPluginNames", () => {
+    describe("modules is set to false", () => {
+      it("returns only syntax-dynamic-import", () => {
+        expect(
+          babelPresetEnv.getModulesPluginNames({
+            modules: false,
+            transformations,
+            shouldTransformESM: false,
+            shouldTransformDynamicImport: false,
+          }),
+        ).toEqual(["syntax-dynamic-import"]);
+      });
+    });
+    describe("modules is not set to false", () => {
+      describe("ESMs should not be transformed", () => {
+        it("returns syntax-dynamic-import", () => {
+          expect(
+            babelPresetEnv.getModulesPluginNames({
+              modules: "commonjs",
+              transformations,
+              shouldTransformESM: false,
+              shouldTransformDynamicImport: false,
+            }),
+          ).toEqual(["syntax-dynamic-import"]);
+        });
+      });
+      describe("ESMs should be transformed", () => {
+        describe("dynamic imports should not be transformed", () => {
+          it("returns specified modules transform and syntax-dynamic-import", () => {
+            expect(
+              babelPresetEnv.getModulesPluginNames({
+                modules: "commonjs",
+                transformations,
+                shouldTransformESM: true,
+                shouldTransformDynamicImport: false,
+              }),
+            ).toEqual(["transform-modules-commonjs", "syntax-dynamic-import"]);
+          });
+        });
+        describe("dynamic imports should be transformed", () => {
+          it("returns specified modules transform and proposal-dynamic-import", () => {
+            expect(
+              babelPresetEnv.getModulesPluginNames({
+                modules: "systemjs",
+                transformations,
+                shouldTransformESM: true,
+                shouldTransformDynamicImport: true,
+              }),
+            ).toEqual([
+              "transform-modules-systemjs",
+              "proposal-dynamic-import",
+            ]);
+          });
+        });
+      });
+    });
+  });
+  describe("getPolyfillPlugins", () => {
+    const staticProps = {
+      polyfillTargets: [],
+      include: new Set(),
+      exclude: new Set(),
+      proposals: false,
+      shippedProposals: false,
+      debug: false,
+    };
+    describe("useBuiltIns is false", () => {
+      it("returns no polyfill plugins", () => {
+        expect(
+          babelPresetEnv.getPolyfillPlugins(
+            Object.assign(
+              {
+                useBuiltIns: false,
+                corejs: false,
+                regenerator: false,
+              },
+              staticProps,
+            ),
+          ),
+        ).toEqual([]);
+      });
+    });
+    describe("useBuiltIns is not false", () => {
+      describe("corejs is not given", () => {
+        it("returns no polyfill plugins", () => {
+          expect(
+            babelPresetEnv.getPolyfillPlugins(
+              Object.assign(
+                {
+                  useBuiltIns: "usage",
+                  corejs: false,
+                  regenerator: false,
+                },
+                staticProps,
+              ),
+            ),
+          ).toEqual([]);
+        });
+      });
+      describe("useBuiltIns is set to usage", () => {
+        describe("using corejs 2", () => {
+          it("returns an array with core js 2 usage plugin", () => {
+            const polyfillPlugins = babelPresetEnv.getPolyfillPlugins(
+              Object.assign(
+                {
+                  useBuiltIns: "usage",
+                  corejs: { major: 2 },
+                  regenerator: false,
+                },
+                staticProps,
+              ),
+            );
+            expect(polyfillPlugins.length).toBe(1);
+            expect(polyfillPlugins[0][0]).toEqual(addCoreJS2UsagePlugin);
+          });
+        });
+        describe("using corejs 3", () => {
+          describe("regenerator is set to false", () => {
+            it("returns an array with core js 3 usage plugin", () => {
+              const polyfillPlugins = babelPresetEnv.getPolyfillPlugins(
+                Object.assign(
+                  {
+                    useBuiltIns: "usage",
+                    corejs: { major: 3 },
+                    regenerator: false,
+                  },
+                  staticProps,
+                ),
+              );
+              expect(polyfillPlugins.length).toBe(1);
+              expect(polyfillPlugins[0][0]).toEqual(addCoreJS3UsagePlugin);
+            });
+          });
+
+          describe("regenerator is set to true", () => {
+            it("returns an array with core js 3 usage plugin and add regenerator usage plugin", () => {
+              const polyfillPlugins = babelPresetEnv.getPolyfillPlugins(
+                Object.assign(
+                  {
+                    useBuiltIns: "usage",
+                    corejs: { major: 3 },
+                    regenerator: true,
+                  },
+                  staticProps,
+                ),
+              );
+              expect(polyfillPlugins.length).toBe(2);
+              expect(polyfillPlugins[0][0]).toEqual(addCoreJS3UsagePlugin);
+              expect(polyfillPlugins[1][0]).toEqual(addRegeneratorUsagePlugin);
+            });
+          });
+        });
+      });
+      describe("useBuiltIns is set to entry", () => {
+        describe("using corejs 2", () => {
+          it("returns an array with core js 2 entry plugin", () => {
+            const polyfillPlugins = babelPresetEnv.getPolyfillPlugins(
+              Object.assign(
+                {
+                  useBuiltIns: "entry",
+                  corejs: { major: 2 },
+                  regenerator: true,
+                },
+                staticProps,
+              ),
+            );
+            expect(polyfillPlugins.length).toBe(1);
+            expect(polyfillPlugins[0][0]).toEqual(replaceCoreJS2EntryPlugin);
+          });
+        });
+        describe("using corejs 3", () => {
+          describe("regenerator is set to true", () => {
+            it("returns an array with core js 3 entry plugin", () => {
+              const polyfillPlugins = babelPresetEnv.getPolyfillPlugins(
+                Object.assign(
+                  {
+                    useBuiltIns: "entry",
+                    corejs: { major: 3 },
+                    regenerator: true,
+                  },
+                  staticProps,
+                ),
+              );
+              expect(polyfillPlugins.length).toBe(1);
+              expect(polyfillPlugins[0][0]).toEqual(replaceCoreJS3EntryPlugin);
+            });
+          });
+
+          describe("regenerator is set to false", () => {
+            it("returns an array with core js 3 entry plugin and remove regenerator entry plugin", () => {
+              const polyfillPlugins = babelPresetEnv.getPolyfillPlugins(
+                Object.assign(
+                  {
+                    useBuiltIns: "entry",
+                    corejs: { major: 3 },
+                    regenerator: false,
+                  },
+                  staticProps,
+                ),
+              );
+              expect(polyfillPlugins.length).toBe(2);
+              expect(polyfillPlugins[0][0]).toEqual(replaceCoreJS3EntryPlugin);
+              expect(polyfillPlugins[1][0]).toEqual(
+                removeRegeneratorEntryPlugin,
+              );
+            });
+          });
+        });
+      });
+    });
+  });
 });
diff --git a/packages/babel-preset-env/test/normalize-options.spec.js b/packages/babel-preset-env/test/normalize-options.spec.js
index eefb69e45f46..abe1ba25b9ea 100644
--- a/packages/babel-preset-env/test/normalize-options.spec.js
+++ b/packages/babel-preset-env/test/normalize-options.spec.js
@@ -84,6 +84,24 @@ describe("normalize-options", () => {
         });
       });
     });
+
+    it("throws when including module plugins", () => {
+      expect(() =>
+        normalizeOptions.default({ include: ["proposal-dynamic-import"] }),
+      ).toThrow();
+      expect(() =>
+        normalizeOptions.default({ include: ["transform-modules-amd"] }),
+      ).toThrow();
+    });
+
+    it("allows exclusion of module plugins ", () => {
+      expect(() =>
+        normalizeOptions.default({ exclude: ["proposal-dynamic-import"] }),
+      ).not.toThrow();
+      expect(() =>
+        normalizeOptions.default({ exclude: ["transform-modules-commonjs"] }),
+      ).not.toThrow();
+    });
   });
 
   describe("Config format validation", () => {