diff --git a/src/compiler/checker.ts b/src/compiler/checker.ts
index a220e79dc44a5..83bbb549a504b 100644
--- a/src/compiler/checker.ts
+++ b/src/compiler/checker.ts
@@ -2689,7 +2689,7 @@ namespace ts {
                     let symbolFromVariable: Symbol | undefined;
                     // First check if module was specified with "export=". If so, get the member from the resolved type
                     if (moduleSymbol && moduleSymbol.exports && moduleSymbol.exports.get(InternalSymbolName.ExportEquals)) {
-                        symbolFromVariable = getPropertyOfType(getTypeOfSymbol(targetSymbol), name.escapedText);
+                        symbolFromVariable = getPropertyOfType(getTypeOfSymbol(targetSymbol), name.escapedText, /*skipObjectFunctionPropertyAugment*/ true);
                     }
                     else {
                         symbolFromVariable = getPropertyOfVariable(targetSymbol, name.escapedText);
@@ -11147,7 +11147,7 @@ namespace ts {
             return getReducedType(getApparentType(getReducedType(type)));
         }
 
-        function createUnionOrIntersectionProperty(containingType: UnionOrIntersectionType, name: __String): Symbol | undefined {
+        function createUnionOrIntersectionProperty(containingType: UnionOrIntersectionType, name: __String, skipObjectFunctionPropertyAugment?: boolean): Symbol | undefined {
             let singleProp: Symbol | undefined;
             let propSet: ESMap<SymbolId, Symbol> | undefined;
             let indexTypes: Type[] | undefined;
@@ -11159,7 +11159,7 @@ namespace ts {
             for (const current of containingType.types) {
                 const type = getApparentType(current);
                 if (!(type === errorType || type.flags & TypeFlags.Never)) {
-                    const prop = getPropertyOfType(type, name);
+                    const prop = getPropertyOfType(type, name, skipObjectFunctionPropertyAugment);
                     const modifiers = prop ? getDeclarationModifierFlagsFromSymbol(prop) : 0;
                     if (prop) {
                         if (isUnion) {
@@ -11276,20 +11276,23 @@ namespace ts {
         // constituents, in which case the isPartial flag is set when the containing type is union type. We need
         // these partial properties when identifying discriminant properties, but otherwise they are filtered out
         // and do not appear to be present in the union type.
-        function getUnionOrIntersectionProperty(type: UnionOrIntersectionType, name: __String): Symbol | undefined {
-            const properties = type.propertyCache || (type.propertyCache = createSymbolTable());
-            let property = properties.get(name);
+        function getUnionOrIntersectionProperty(type: UnionOrIntersectionType, name: __String, skipObjectFunctionPropertyAugment?: boolean): Symbol | undefined {
+            let property = type.propertyCacheWithoutObjectFunctionPropertyAugment?.get(name) ||
+                !skipObjectFunctionPropertyAugment ? type.propertyCache?.get(name) : undefined;
             if (!property) {
-                property = createUnionOrIntersectionProperty(type, name);
+                property = createUnionOrIntersectionProperty(type, name, skipObjectFunctionPropertyAugment);
                 if (property) {
+                    const properties = skipObjectFunctionPropertyAugment ?
+                        type.propertyCacheWithoutObjectFunctionPropertyAugment ||= createSymbolTable() :
+                        type.propertyCache ||= createSymbolTable();
                     properties.set(name, property);
                 }
             }
             return property;
         }
 
-        function getPropertyOfUnionOrIntersectionType(type: UnionOrIntersectionType, name: __String): Symbol | undefined {
-            const property = getUnionOrIntersectionProperty(type, name);
+        function getPropertyOfUnionOrIntersectionType(type: UnionOrIntersectionType, name: __String, skipObjectFunctionPropertyAugment?: boolean): Symbol | undefined {
+            const property = getUnionOrIntersectionProperty(type, name, skipObjectFunctionPropertyAugment);
             // We need to filter out partial properties in union types
             return property && !(getCheckFlags(property) & CheckFlags.ReadPartial) ? property : undefined;
         }
@@ -11367,7 +11370,7 @@ namespace ts {
          * @param type a type to look up property from
          * @param name a name of property to look up in a given type
          */
-        function getPropertyOfType(type: Type, name: __String): Symbol | undefined {
+        function getPropertyOfType(type: Type, name: __String, skipObjectFunctionPropertyAugment?: boolean): Symbol | undefined {
             type = getReducedApparentType(type);
             if (type.flags & TypeFlags.Object) {
                 const resolved = resolveStructuredTypeMembers(<ObjectType>type);
@@ -11375,6 +11378,7 @@ namespace ts {
                 if (symbol && symbolIsValue(symbol)) {
                     return symbol;
                 }
+                if (skipObjectFunctionPropertyAugment) return undefined;
                 const functionType = resolved === anyFunctionType ? globalFunctionType :
                     resolved.callSignatures.length ? globalCallableFunctionType :
                     resolved.constructSignatures.length ? globalNewableFunctionType :
@@ -11388,7 +11392,7 @@ namespace ts {
                 return getPropertyOfObjectType(globalObjectType, name);
             }
             if (type.flags & TypeFlags.UnionOrIntersection) {
-                return getPropertyOfUnionOrIntersectionType(<UnionOrIntersectionType>type, name);
+                return getPropertyOfUnionOrIntersectionType(<UnionOrIntersectionType>type, name, skipObjectFunctionPropertyAugment);
             }
             return undefined;
         }
diff --git a/src/compiler/types.ts b/src/compiler/types.ts
index 77af89087de56..625a5d8397537 100644
--- a/src/compiler/types.ts
+++ b/src/compiler/types.ts
@@ -5193,7 +5193,9 @@ namespace ts {
         /* @internal */
         objectFlags: ObjectFlags;
         /* @internal */
-        propertyCache: SymbolTable;       // Cache of resolved properties
+        propertyCache?: SymbolTable;       // Cache of resolved properties
+        /* @internal */
+        propertyCacheWithoutObjectFunctionPropertyAugment?: SymbolTable; // Cache of resolved properties that does not augment function or object type properties
         /* @internal */
         resolvedProperties: Symbol[];
         /* @internal */
diff --git a/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.errors.txt b/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.errors.txt
new file mode 100644
index 0000000000000..8e4ef61316609
--- /dev/null
+++ b/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.errors.txt
@@ -0,0 +1,21 @@
+tests/cases/compiler/bar.d.ts(1,10): error TS2305: Module '"./foo"' has no exported member 'Bar'.
+
+
+==== tests/cases/compiler/foo.d.ts (0 errors) ====
+    export = Foo;
+    export as namespace Foo;
+    
+    declare namespace Foo {
+        function foo();
+    }
+    
+    declare global {
+        namespace Bar { }
+    }
+    
+==== tests/cases/compiler/bar.d.ts (1 errors) ====
+    import { Bar } from './foo';
+             ~~~
+!!! error TS2305: Module '"./foo"' has no exported member 'Bar'.
+    export = Bar;
+    export as namespace Bar;
\ No newline at end of file
diff --git a/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.symbols b/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.symbols
new file mode 100644
index 0000000000000..8e87803396bc6
--- /dev/null
+++ b/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.symbols
@@ -0,0 +1,31 @@
+=== tests/cases/compiler/foo.d.ts ===
+export = Foo;
+>Foo : Symbol(Foo, Decl(foo.d.ts, 1, 24))
+
+export as namespace Foo;
+>Foo : Symbol(Foo, Decl(foo.d.ts, 0, 13))
+
+declare namespace Foo {
+>Foo : Symbol(Foo, Decl(foo.d.ts, 1, 24))
+
+    function foo();
+>foo : Symbol(foo, Decl(foo.d.ts, 3, 23))
+}
+
+declare global {
+>global : Symbol(global, Decl(foo.d.ts, 5, 1))
+
+    namespace Bar { }
+>Bar : Symbol(Bar, Decl(foo.d.ts, 7, 16))
+}
+
+=== tests/cases/compiler/bar.d.ts ===
+import { Bar } from './foo';
+>Bar : Symbol(Bar, Decl(bar.d.ts, 0, 8))
+
+export = Bar;
+>Bar : Symbol(Bar, Decl(bar.d.ts, 0, 8))
+
+export as namespace Bar;
+>Bar : Symbol(Bar, Decl(bar.d.ts, 1, 13))
+
diff --git a/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.types b/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.types
new file mode 100644
index 0000000000000..99277395c85be
--- /dev/null
+++ b/tests/baselines/reference/moduleAugmentationWithNonExistentNamedImport.types
@@ -0,0 +1,30 @@
+=== tests/cases/compiler/foo.d.ts ===
+export = Foo;
+>Foo : typeof Foo
+
+export as namespace Foo;
+>Foo : typeof Foo
+
+declare namespace Foo {
+>Foo : typeof Foo
+
+    function foo();
+>foo : () => any
+}
+
+declare global {
+>global : any
+
+    namespace Bar { }
+}
+
+=== tests/cases/compiler/bar.d.ts ===
+import { Bar } from './foo';
+>Bar : any
+
+export = Bar;
+>Bar : any
+
+export as namespace Bar;
+>Bar : any
+
diff --git a/tests/baselines/reference/namedImportNonExistentName.errors.txt b/tests/baselines/reference/namedImportNonExistentName.errors.txt
new file mode 100644
index 0000000000000..f26d48b64848e
--- /dev/null
+++ b/tests/baselines/reference/namedImportNonExistentName.errors.txt
@@ -0,0 +1,37 @@
+tests/cases/compiler/bar.ts(1,10): error TS2305: Module '"./foo"' has no exported member 'Bar'.
+tests/cases/compiler/bar.ts(1,15): error TS2305: Module '"./foo"' has no exported member 'toString'.
+tests/cases/compiler/bar.ts(3,10): error TS2305: Module '"./foo2"' has no exported member 'a'.
+tests/cases/compiler/bar.ts(3,13): error TS2305: Module '"./foo2"' has no exported member 'b'.
+tests/cases/compiler/bar.ts(3,19): error TS2305: Module '"./foo2"' has no exported member 'd'.
+tests/cases/compiler/bar.ts(3,22): error TS2305: Module '"./foo2"' has no exported member 'toString'.
+
+
+==== tests/cases/compiler/foo.d.ts (0 errors) ====
+    export = Foo;
+    export as namespace Foo;
+    
+    declare namespace Foo {
+        function foo();
+    }
+    
+==== tests/cases/compiler/foo2.ts (0 errors) ====
+    let x: { a: string; c: string; } | { b: number; c: number; };
+    export = x
+    
+==== tests/cases/compiler/bar.ts (6 errors) ====
+    import { Bar, toString, foo } from './foo';
+             ~~~
+!!! error TS2305: Module '"./foo"' has no exported member 'Bar'.
+                  ~~~~~~~~
+!!! error TS2305: Module '"./foo"' has no exported member 'toString'.
+    foo();
+    import { a, b, c, d, toString as foo2String } from './foo2';
+             ~
+!!! error TS2305: Module '"./foo2"' has no exported member 'a'.
+                ~
+!!! error TS2305: Module '"./foo2"' has no exported member 'b'.
+                      ~
+!!! error TS2305: Module '"./foo2"' has no exported member 'd'.
+                         ~~~~~~~~
+!!! error TS2305: Module '"./foo2"' has no exported member 'toString'.
+    c;
\ No newline at end of file
diff --git a/tests/baselines/reference/namedImportNonExistentName.js b/tests/baselines/reference/namedImportNonExistentName.js
new file mode 100644
index 0000000000000..b017d9b3f093f
--- /dev/null
+++ b/tests/baselines/reference/namedImportNonExistentName.js
@@ -0,0 +1,31 @@
+//// [tests/cases/compiler/namedImportNonExistentName.ts] ////
+
+//// [foo.d.ts]
+export = Foo;
+export as namespace Foo;
+
+declare namespace Foo {
+    function foo();
+}
+
+//// [foo2.ts]
+let x: { a: string; c: string; } | { b: number; c: number; };
+export = x
+
+//// [bar.ts]
+import { Bar, toString, foo } from './foo';
+foo();
+import { a, b, c, d, toString as foo2String } from './foo2';
+c;
+
+//// [foo2.js]
+"use strict";
+var x;
+module.exports = x;
+//// [bar.js]
+"use strict";
+exports.__esModule = true;
+var foo_1 = require("./foo");
+foo_1.foo();
+var foo2_1 = require("./foo2");
+foo2_1.c;
diff --git a/tests/baselines/reference/namedImportNonExistentName.symbols b/tests/baselines/reference/namedImportNonExistentName.symbols
new file mode 100644
index 0000000000000..b6ec6ebb14021
--- /dev/null
+++ b/tests/baselines/reference/namedImportNonExistentName.symbols
@@ -0,0 +1,44 @@
+=== tests/cases/compiler/foo.d.ts ===
+export = Foo;
+>Foo : Symbol(Foo, Decl(foo.d.ts, 1, 24))
+
+export as namespace Foo;
+>Foo : Symbol(Foo, Decl(foo.d.ts, 0, 13))
+
+declare namespace Foo {
+>Foo : Symbol(Foo, Decl(foo.d.ts, 1, 24))
+
+    function foo();
+>foo : Symbol(foo, Decl(foo.d.ts, 3, 23))
+}
+
+=== tests/cases/compiler/foo2.ts ===
+let x: { a: string; c: string; } | { b: number; c: number; };
+>x : Symbol(x, Decl(foo2.ts, 0, 3))
+>a : Symbol(a, Decl(foo2.ts, 0, 8))
+>c : Symbol(c, Decl(foo2.ts, 0, 19))
+>b : Symbol(b, Decl(foo2.ts, 0, 36))
+>c : Symbol(c, Decl(foo2.ts, 0, 47))
+
+export = x
+>x : Symbol(x, Decl(foo2.ts, 0, 3))
+
+=== tests/cases/compiler/bar.ts ===
+import { Bar, toString, foo } from './foo';
+>Bar : Symbol(Bar, Decl(bar.ts, 0, 8))
+>toString : Symbol(toString, Decl(bar.ts, 0, 13))
+>foo : Symbol(foo, Decl(bar.ts, 0, 23))
+
+foo();
+>foo : Symbol(foo, Decl(bar.ts, 0, 23))
+
+import { a, b, c, d, toString as foo2String } from './foo2';
+>a : Symbol(a, Decl(bar.ts, 2, 8))
+>b : Symbol(b, Decl(bar.ts, 2, 11))
+>c : Symbol(c, Decl(bar.ts, 2, 14))
+>d : Symbol(d, Decl(bar.ts, 2, 17))
+>foo2String : Symbol(foo2String, Decl(bar.ts, 2, 20))
+
+c;
+>c : Symbol(c, Decl(bar.ts, 2, 14))
+
diff --git a/tests/baselines/reference/namedImportNonExistentName.types b/tests/baselines/reference/namedImportNonExistentName.types
new file mode 100644
index 0000000000000..02ffb609f5dd8
--- /dev/null
+++ b/tests/baselines/reference/namedImportNonExistentName.types
@@ -0,0 +1,46 @@
+=== tests/cases/compiler/foo.d.ts ===
+export = Foo;
+>Foo : typeof Foo
+
+export as namespace Foo;
+>Foo : typeof Foo
+
+declare namespace Foo {
+>Foo : typeof Foo
+
+    function foo();
+>foo : () => any
+}
+
+=== tests/cases/compiler/foo2.ts ===
+let x: { a: string; c: string; } | { b: number; c: number; };
+>x : { a: string; c: string; } | { b: number; c: number; }
+>a : string
+>c : string
+>b : number
+>c : number
+
+export = x
+>x : { a: string; c: string; } | { b: number; c: number; }
+
+=== tests/cases/compiler/bar.ts ===
+import { Bar, toString, foo } from './foo';
+>Bar : any
+>toString : any
+>foo : () => any
+
+foo();
+>foo() : any
+>foo : () => any
+
+import { a, b, c, d, toString as foo2String } from './foo2';
+>a : any
+>b : any
+>c : string | number
+>d : any
+>toString : any
+>foo2String : any
+
+c;
+>c : string | number
+
diff --git a/tests/cases/compiler/moduleAugmentationWithNonExistentNamedImport.ts b/tests/cases/compiler/moduleAugmentationWithNonExistentNamedImport.ts
new file mode 100644
index 0000000000000..6741e58cc91d6
--- /dev/null
+++ b/tests/cases/compiler/moduleAugmentationWithNonExistentNamedImport.ts
@@ -0,0 +1,16 @@
+// @filename: foo.d.ts
+export = Foo;
+export as namespace Foo;
+
+declare namespace Foo {
+    function foo();
+}
+
+declare global {
+    namespace Bar { }
+}
+
+// @filename: bar.d.ts
+import { Bar } from './foo';
+export = Bar;
+export as namespace Bar;
\ No newline at end of file
diff --git a/tests/cases/compiler/namedImportNonExistentName.ts b/tests/cases/compiler/namedImportNonExistentName.ts
new file mode 100644
index 0000000000000..3fd3c3011cc96
--- /dev/null
+++ b/tests/cases/compiler/namedImportNonExistentName.ts
@@ -0,0 +1,17 @@
+// @filename: foo.d.ts
+export = Foo;
+export as namespace Foo;
+
+declare namespace Foo {
+    function foo();
+}
+
+// @filename: foo2.ts
+let x: { a: string; c: string; } | { b: number; c: number; };
+export = x
+
+// @filename: bar.ts
+import { Bar, toString, foo } from './foo';
+foo();
+import { a, b, c, d, toString as foo2String } from './foo2';
+c;
\ No newline at end of file