diff --git a/src/finalisers/shared/getExportBlock.ts b/src/finalisers/shared/getExportBlock.ts
index c1036e1ee58..4cc77ce503e 100644
--- a/src/finalisers/shared/getExportBlock.ts
+++ b/src/finalisers/shared/getExportBlock.ts
@@ -49,42 +49,48 @@ export default function getExportBlock(
 		}
 	});
 
-	dependencies.forEach(({ name, imports, reexports, isChunk }) => {
-		if (reexports && namedExportsMode) {
-			reexports.forEach(specifier => {
-				if (specifier.imported === 'default' && !isChunk) {
-					const exportsNamesOrNamespace =
-						(imports &&
-							imports.some(
-								specifier => specifier.imported === '*' || specifier.imported !== 'default'
-							)) ||
-						(reexports &&
-							reexports.some(
-								specifier => specifier.imported !== 'default' && specifier.imported !== '*'
-							));
+	dependencies.forEach(
+		({ name, imports, reexports, isChunk, namedExportsMode: depNamedExportsMode }) => {
+			if (reexports && namedExportsMode) {
+				reexports.forEach(specifier => {
+					if (specifier.imported === 'default' && !isChunk) {
+						const exportsNamesOrNamespace =
+							(imports &&
+								imports.some(
+									specifier => specifier.imported === '*' || specifier.imported !== 'default'
+								)) ||
+							(reexports &&
+								reexports.some(
+									specifier => specifier.imported !== 'default' && specifier.imported !== '*'
+								));
 
-					const reexportsDefaultAsDefault =
-						reexports &&
-						reexports.some(
-							specifier => specifier.imported === 'default' && specifier.reexported === 'default'
-						);
+						const reexportsDefaultAsDefault =
+							reexports &&
+							reexports.some(
+								specifier => specifier.imported === 'default' && specifier.reexported === 'default'
+							);
 
-					if (exportBlock && !compact) exportBlock += '\n';
-					if (exportsNamesOrNamespace || reexportsDefaultAsDefault)
-						exportBlock += `exports.${specifier.reexported}${_}=${_}${name}${
-							interop !== false ? '__default' : '.default'
-						};`;
-					else exportBlock += `exports.${specifier.reexported}${_}=${_}${name};`;
-				} else if (specifier.imported !== '*') {
-					if (exportBlock && !compact) exportBlock += '\n';
-					exportBlock += `exports.${specifier.reexported}${_}=${_}${name}.${specifier.imported};`;
-				} else if (specifier.reexported !== '*') {
-					if (exportBlock && !compact) exportBlock += '\n';
-					exportBlock += `exports.${specifier.reexported}${_}=${_}${name};`;
-				}
-			});
+						if (exportBlock && !compact) exportBlock += '\n';
+						if (exportsNamesOrNamespace || reexportsDefaultAsDefault)
+							exportBlock += `exports.${specifier.reexported}${_}=${_}${name}${
+								interop !== false ? '__default' : '.default'
+							};`;
+						else exportBlock += `exports.${specifier.reexported}${_}=${_}${name};`;
+					} else if (specifier.imported !== '*') {
+						if (exportBlock && !compact) exportBlock += '\n';
+						const importName =
+							specifier.imported === 'default' && !depNamedExportsMode
+								? name
+								: `${name}.${specifier.imported}`;
+						exportBlock += `exports.${specifier.reexported}${_}=${_}${importName};`;
+					} else if (specifier.reexported !== '*') {
+						if (exportBlock && !compact) exportBlock += '\n';
+						exportBlock += `exports.${specifier.reexported}${_}=${_}${name};`;
+					}
+				});
+			}
 		}
-	});
+	);
 
 	exports.forEach(expt => {
 		const lhs = `exports.${expt.exported}`;
diff --git a/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/generated-m1.js b/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/generated-m1.js
index 122db75ab30..77ebf9c9248 100644
--- a/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/generated-m1.js
+++ b/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/generated-m1.js
@@ -6,7 +6,7 @@ define(['exports', './m2.js'], function (exports, m2) { 'use strict';
 		m2: m2
 	});
 
-	exports.m2 = m2.default;
+	exports.m2 = m2;
 	exports.ms = ms;
 
 });
diff --git a/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/m1.js b/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/m1.js
index 6093fb6b86d..0103e34d77d 100644
--- a/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/m1.js
+++ b/test/chunking-form/samples/entry-point-without-own-code/_expected/amd/m1.js
@@ -2,7 +2,7 @@ define(['exports', './m2.js', './generated-m1.js'], function (exports, m2, m1) {
 
 
 
-	exports.m2 = m2.default;
+	exports.m2 = m2;
 
 	Object.defineProperty(exports, '__esModule', { value: true });
 
diff --git a/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/generated-m1.js b/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/generated-m1.js
index 901dfa4f519..9e827c896df 100644
--- a/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/generated-m1.js
+++ b/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/generated-m1.js
@@ -8,5 +8,5 @@ var ms = /*#__PURE__*/Object.freeze({
 	m2: m2
 });
 
-exports.m2 = m2.default;
+exports.m2 = m2;
 exports.ms = ms;
diff --git a/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/m1.js b/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/m1.js
index 8596b2ed78f..9b97781f444 100644
--- a/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/m1.js
+++ b/test/chunking-form/samples/entry-point-without-own-code/_expected/cjs/m1.js
@@ -7,4 +7,4 @@ require('./generated-m1.js');
 
 
 
-exports.m2 = m2.default;
+exports.m2 = m2;
diff --git a/test/chunking-form/samples/export-default-from-entry/_config.js b/test/chunking-form/samples/export-default-from-entry/_config.js
new file mode 100644
index 00000000000..1fa07bc2cf0
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_config.js
@@ -0,0 +1,6 @@
+module.exports = {
+	description: 'correctly imports the default from an entry point',
+	options: {
+		input: ['main', 'dep']
+	}
+};
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/amd/dep.js b/test/chunking-form/samples/export-default-from-entry/_expected/amd/dep.js
new file mode 100644
index 00000000000..67abed68a19
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/amd/dep.js
@@ -0,0 +1,7 @@
+define(function () { 'use strict';
+
+	var dep = 42;
+
+	return dep;
+
+});
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/amd/main.js b/test/chunking-form/samples/export-default-from-entry/_expected/amd/main.js
new file mode 100644
index 00000000000..f34747d3cdb
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/amd/main.js
@@ -0,0 +1,9 @@
+define(['exports', './dep.js'], function (exports, dep) { 'use strict';
+
+
+
+	exports.value = dep;
+
+	Object.defineProperty(exports, '__esModule', { value: true });
+
+});
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/cjs/dep.js b/test/chunking-form/samples/export-default-from-entry/_expected/cjs/dep.js
new file mode 100644
index 00000000000..bede68050cb
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/cjs/dep.js
@@ -0,0 +1,5 @@
+'use strict';
+
+var dep = 42;
+
+module.exports = dep;
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/cjs/main.js b/test/chunking-form/samples/export-default-from-entry/_expected/cjs/main.js
new file mode 100644
index 00000000000..d5b48cc5a0a
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/cjs/main.js
@@ -0,0 +1,9 @@
+'use strict';
+
+Object.defineProperty(exports, '__esModule', { value: true });
+
+var dep = require('./dep.js');
+
+
+
+exports.value = dep;
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/es/dep.js b/test/chunking-form/samples/export-default-from-entry/_expected/es/dep.js
new file mode 100644
index 00000000000..1df3b791cce
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/es/dep.js
@@ -0,0 +1,3 @@
+var dep = 42;
+
+export default dep;
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/es/main.js b/test/chunking-form/samples/export-default-from-entry/_expected/es/main.js
new file mode 100644
index 00000000000..0d14fd4af82
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/es/main.js
@@ -0,0 +1 @@
+export { default as value } from './dep.js';
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/system/dep.js b/test/chunking-form/samples/export-default-from-entry/_expected/system/dep.js
new file mode 100644
index 00000000000..0d32931b472
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/system/dep.js
@@ -0,0 +1,10 @@
+System.register([], function (exports, module) {
+	'use strict';
+	return {
+		execute: function () {
+
+			var dep = exports('default', 42);
+
+		}
+	};
+});
diff --git a/test/chunking-form/samples/export-default-from-entry/_expected/system/main.js b/test/chunking-form/samples/export-default-from-entry/_expected/system/main.js
new file mode 100644
index 00000000000..b389030eb79
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/_expected/system/main.js
@@ -0,0 +1,13 @@
+System.register(['./dep.js'], function (exports, module) {
+	'use strict';
+	return {
+		setters: [function (module) {
+			exports('value', module.default);
+		}],
+		execute: function () {
+
+
+
+		}
+	};
+});
diff --git a/test/chunking-form/samples/export-default-from-entry/dep.js b/test/chunking-form/samples/export-default-from-entry/dep.js
new file mode 100644
index 00000000000..7a4e8a723a4
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/dep.js
@@ -0,0 +1 @@
+export default 42;
diff --git a/test/chunking-form/samples/export-default-from-entry/main.js b/test/chunking-form/samples/export-default-from-entry/main.js
new file mode 100644
index 00000000000..900a82bafec
--- /dev/null
+++ b/test/chunking-form/samples/export-default-from-entry/main.js
@@ -0,0 +1 @@
+export {default as value} from './dep';
diff --git a/test/function/samples/code-splitting-export-default-from-entry/_config.js b/test/function/samples/code-splitting-export-default-from-entry/_config.js
new file mode 100644
index 00000000000..376c52b9c37
--- /dev/null
+++ b/test/function/samples/code-splitting-export-default-from-entry/_config.js
@@ -0,0 +1,13 @@
+const assert = require('assert');
+
+module.exports = {
+	description: 'correctly imports the default from an entry point',
+	options: {
+		input: ['main', 'dep']
+	},
+	exports(exports) {
+		assert.deepStrictEqual(exports, {
+			value: 42
+		});
+	}
+};
diff --git a/test/function/samples/code-splitting-export-default-from-entry/dep.js b/test/function/samples/code-splitting-export-default-from-entry/dep.js
new file mode 100644
index 00000000000..7a4e8a723a4
--- /dev/null
+++ b/test/function/samples/code-splitting-export-default-from-entry/dep.js
@@ -0,0 +1 @@
+export default 42;
diff --git a/test/function/samples/code-splitting-export-default-from-entry/main.js b/test/function/samples/code-splitting-export-default-from-entry/main.js
new file mode 100644
index 00000000000..900a82bafec
--- /dev/null
+++ b/test/function/samples/code-splitting-export-default-from-entry/main.js
@@ -0,0 +1 @@
+export {default as value} from './dep';