diff --git a/doc/api/cli.md b/doc/api/cli.md
index dc695baed91ca5..61e833b878d899 100644
--- a/doc/api/cli.md
+++ b/doc/api/cli.md
@@ -148,6 +148,13 @@ the ability to import a directory that has an index file.
 
 Please see [customizing esm specifier resolution][] for example usage.
 
+### `--experimental-exports`
+<!-- YAML
+added: REPLACEME
+-->
+
+Enable experimental resolution using the `exports` field in `package.json`.
+
 ### `--experimental-modules`
 <!-- YAML
 added: v8.5.0
@@ -935,6 +942,7 @@ Node.js options that are allowed are:
 <!-- node-options-node start -->
 - `--enable-fips`
 - `--es-module-specifier-resolution`
+- `--experimental-exports`
 - `--experimental-modules`
 - `--experimental-policy`
 - `--experimental-repl-await`
diff --git a/doc/api/esm.md b/doc/api/esm.md
index 74d818946e007c..14035cbf5ca243 100644
--- a/doc/api/esm.md
+++ b/doc/api/esm.md
@@ -216,6 +216,61 @@ a package would be accessible like `require('pkg')` and `import
 module entry point and legacy users could be informed of the CommonJS entry
 point path, e.g. `require('pkg/commonjs')`.
 
+## Package Exports
+
+By default, all subpaths from a package can be imported (`import 'pkg/x.js'`).
+Custom subpath aliasing and encapsulation can be provided through the
+`"exports"` field.
+
+<!-- eslint-skip -->
+```js
+// ./node_modules/es-module-package/package.json
+{
+  "exports": {
+    "./submodule": "./src/submodule.js"
+  }
+}
+```
+
+```js
+import submodule from 'es-module-package/submodule';
+// Loads ./node_modules/es-module-package/src/submodule.js
+```
+
+In addition to defining an alias, subpaths not defined by `"exports"` will
+throw when an attempt is made to import them:
+
+```js
+import submodule from 'es-module-package/private-module.js';
+// Throws - Package exports error
+```
+
+> Note: this is not a strong encapsulation as any private modules can still be
+> loaded by absolute paths.
+
+Folders can also be mapped with package exports as well:
+
+<!-- eslint-skip -->
+```js
+// ./node_modules/es-module-package/package.json
+{
+  "exports": {
+    "./features/": "./src/features/"
+  }
+}
+```
+
+```js
+import feature from 'es-module-package/features/x.js';
+// Loads ./node_modules/es-module-package/src/features/x.js
+```
+
+If a package has no exports, setting `"exports": false` can be used instead of
+`"exports": {}` to indicate the package does not intend for submodules to be
+exposed.
+This is just a convention that works because `false`, just like `{}`, has no
+iterable own properties.
+
 ## <code>import</code> Specifiers
 
 ### Terminology
diff --git a/src/env.h b/src/env.h
index 2bcb07a6333b6f..d2066f54d81887 100644
--- a/src/env.h
+++ b/src/env.h
@@ -99,6 +99,8 @@ struct PackageConfig {
   const HasMain has_main;
   const std::string main;
   const PackageType type;
+
+  v8::Global<v8::Value> exports;
 };
 }  // namespace loader
 
diff --git a/src/module_wrap.cc b/src/module_wrap.cc
index e104afb736c28d..f1c819874a3839 100644
--- a/src/module_wrap.cc
+++ b/src/module_wrap.cc
@@ -558,7 +558,7 @@ Maybe<const PackageConfig*> GetPackageConfig(Environment* env,
   if (source.IsNothing()) {
     auto entry = env->package_json_cache.emplace(path,
         PackageConfig { Exists::No, IsValid::Yes, HasMain::No, "",
-                        PackageType::None });
+                        PackageType::None, Global<Value>() });
     return Just(&entry.first->second);
   }
 
@@ -578,7 +578,7 @@ Maybe<const PackageConfig*> GetPackageConfig(Environment* env,
         !pkg_json_v->ToObject(context).ToLocal(&pkg_json)) {
       env->package_json_cache.emplace(path,
           PackageConfig { Exists::Yes, IsValid::No, HasMain::No, "",
-                          PackageType::None });
+                          PackageType::None, Global<Value>() });
       std::string msg = "Invalid JSON in '" + path +
           "' imported from " + base.ToFilePath();
       node::THROW_ERR_INVALID_PACKAGE_CONFIG(env, msg.c_str());
@@ -609,22 +609,22 @@ Maybe<const PackageConfig*> GetPackageConfig(Environment* env,
   }
 
   Local<Value> exports_v;
-  if (pkg_json->Get(env->context(),
+  if (env->options()->experimental_exports &&
+      pkg_json->Get(env->context(),
       env->exports_string()).ToLocal(&exports_v) &&
-      (exports_v->IsObject() || exports_v->IsString() ||
-      exports_v->IsBoolean())) {
+      !exports_v->IsNullOrUndefined()) {
     Global<Value> exports;
     exports.Reset(env->isolate(), exports_v);
 
     auto entry = env->package_json_cache.emplace(path,
         PackageConfig { Exists::Yes, IsValid::Yes, has_main, main_std,
-                        pkg_type });
+                        pkg_type, std::move(exports) });
     return Just(&entry.first->second);
   }
 
   auto entry = env->package_json_cache.emplace(path,
       PackageConfig { Exists::Yes, IsValid::Yes, has_main, main_std,
-                      pkg_type });
+                      pkg_type, Global<Value>() });
   return Just(&entry.first->second);
 }
 
@@ -800,6 +800,66 @@ Maybe<URL> PackageMainResolve(Environment* env,
   return Nothing<URL>();
 }
 
+Maybe<URL> PackageExportsResolve(Environment* env,
+                                 const URL& pjson_url,
+                                 const std::string& pkg_subpath,
+                                 const PackageConfig& pcfg,
+                                 const URL& base) {
+  CHECK(env->options()->experimental_exports);
+  Isolate* isolate = env->isolate();
+  Local<Context> context = env->context();
+  Local<Value> exports = pcfg.exports.Get(isolate);
+  if (exports->IsObject()) {
+    Local<Object> exports_obj = exports.As<Object>();
+    Local<String> subpath = String::NewFromUtf8(isolate,
+        pkg_subpath.c_str(), v8::NewStringType::kNormal).ToLocalChecked();
+
+    auto target = exports_obj->Get(context, subpath).ToLocalChecked();
+    if (target->IsString()) {
+      Utf8Value target_utf8(isolate, target.As<v8::String>());
+      std::string target(*target_utf8, target_utf8.length());
+      if (target.substr(0, 2) == "./") {
+        URL target_url(target, pjson_url);
+        return FinalizeResolution(env, target_url, base);
+      }
+    }
+
+    Local<String> best_match;
+    std::string best_match_str = "";
+    Local<Array> keys =
+        exports_obj->GetOwnPropertyNames(context).ToLocalChecked();
+    for (uint32_t i = 0; i < keys->Length(); ++i) {
+      Local<String> key = keys->Get(context, i).ToLocalChecked().As<String>();
+      Utf8Value key_utf8(isolate, key);
+      std::string key_str(*key_utf8, key_utf8.length());
+      if (key_str.back() != '/') continue;
+      if (pkg_subpath.substr(0, key_str.length()) == key_str &&
+          key_str.length() > best_match_str.length()) {
+        best_match = key;
+        best_match_str = key_str;
+      }
+    }
+
+    if (best_match_str.length() > 0) {
+      auto target = exports_obj->Get(context, best_match).ToLocalChecked();
+      if (target->IsString()) {
+        Utf8Value target_utf8(isolate, target.As<v8::String>());
+        std::string target(*target_utf8, target_utf8.length());
+        if (target.back() == '/' && target.substr(0, 2) == "./") {
+          std::string subpath = pkg_subpath.substr(best_match_str.length());
+          URL target_url(target + subpath, pjson_url);
+          return FinalizeResolution(env, target_url, base);
+        }
+      }
+    }
+  }
+  std::string msg = "Package exports for '" +
+      URL(".", pjson_url).ToFilePath() + "' do not define a '" + pkg_subpath +
+      "' subpath, imported from " + base.ToFilePath();
+  node::THROW_ERR_MODULE_NOT_FOUND(env, msg.c_str());
+  return Nothing<URL>();
+}
+
 Maybe<URL> PackageResolve(Environment* env,
                           const std::string& specifier,
                           const URL& base) {
@@ -847,7 +907,12 @@ Maybe<URL> PackageResolve(Environment* env,
     if (!pkg_subpath.length()) {
       return PackageMainResolve(env, pjson_url, *pcfg.FromJust(), base);
     } else {
-      return FinalizeResolution(env, URL(pkg_subpath, pjson_url), base);
+      if (!pcfg.FromJust()->exports.IsEmpty()) {
+        return PackageExportsResolve(env, pjson_url, pkg_subpath,
+                                     *pcfg.FromJust(), base);
+      } else {
+        return FinalizeResolution(env, URL(pkg_subpath, pjson_url), base);
+      }
     }
     CHECK(false);
     // Cross-platform root check.
diff --git a/src/node_options.cc b/src/node_options.cc
index fe9479d1ccb660..e0a766994b5e67 100644
--- a/src/node_options.cc
+++ b/src/node_options.cc
@@ -304,6 +304,10 @@ DebugOptionsParser::DebugOptionsParser() {
 }
 
 EnvironmentOptionsParser::EnvironmentOptionsParser() {
+  AddOption("--experimental-exports",
+            "experimental support for exports in package.json",
+            &EnvironmentOptions::experimental_exports,
+            kAllowedInEnvironment);
   AddOption("--experimental-modules",
             "experimental ES Module support and caching modules",
             &EnvironmentOptions::experimental_modules,
diff --git a/src/node_options.h b/src/node_options.h
index 7a4f61a287bc87..f988800fde6690 100644
--- a/src/node_options.h
+++ b/src/node_options.h
@@ -100,6 +100,7 @@ class DebugOptions : public Options {
 class EnvironmentOptions : public Options {
  public:
   bool abort_on_uncaught_exception = false;
+  bool experimental_exports = false;
   bool experimental_modules = false;
   std::string es_module_specifier_resolution;
   bool experimental_wasm_modules = false;
diff --git a/test/es-module/test-esm-exports.mjs b/test/es-module/test-esm-exports.mjs
new file mode 100644
index 00000000000000..88115026654726
--- /dev/null
+++ b/test/es-module/test-esm-exports.mjs
@@ -0,0 +1,28 @@
+// Flags: --experimental-modules --experimental-exports
+
+import { mustCall } from '../common/index.mjs';
+import { ok, strictEqual } from 'assert';
+
+import { asdf, asdf2 } from '../fixtures/pkgexports.mjs';
+import {
+  loadMissing,
+  loadFromNumber,
+  loadDot,
+} from '../fixtures/pkgexports-missing.mjs';
+
+strictEqual(asdf, 'asdf');
+strictEqual(asdf2, 'asdf');
+
+loadMissing().catch(mustCall((err) => {
+  ok(err.message.toString().startsWith('Package exports'));
+  ok(err.message.toString().indexOf('do not define a \'./missing\' subpath'));
+}));
+
+loadFromNumber().catch(mustCall((err) => {
+  ok(err.message.toString().startsWith('Package exports'));
+  ok(err.message.toString().indexOf('do not define a \'./missing\' subpath'));
+}));
+
+loadDot().catch(mustCall((err) => {
+  ok(err.message.toString().startsWith('Cannot find main entry point'));
+}));
diff --git a/test/fixtures/node_modules/pkgexports-number/hidden.js b/test/fixtures/node_modules/pkgexports-number/hidden.js
new file mode 100644
index 00000000000000..c04e6ee618e15c
--- /dev/null
+++ b/test/fixtures/node_modules/pkgexports-number/hidden.js
@@ -0,0 +1 @@
+module.exports = 'not-part-of-api';
diff --git a/test/fixtures/node_modules/pkgexports-number/package.json b/test/fixtures/node_modules/pkgexports-number/package.json
new file mode 100644
index 00000000000000..315f39a66e32a6
--- /dev/null
+++ b/test/fixtures/node_modules/pkgexports-number/package.json
@@ -0,0 +1,3 @@
+{
+  "exports": 42
+}
diff --git a/test/fixtures/node_modules/pkgexports/asdf.js b/test/fixtures/node_modules/pkgexports/asdf.js
new file mode 100644
index 00000000000000..683f2d8ba623a7
--- /dev/null
+++ b/test/fixtures/node_modules/pkgexports/asdf.js
@@ -0,0 +1 @@
+module.exports = 'asdf';
diff --git a/test/fixtures/node_modules/pkgexports/package.json b/test/fixtures/node_modules/pkgexports/package.json
new file mode 100644
index 00000000000000..51c596ed8673ab
--- /dev/null
+++ b/test/fixtures/node_modules/pkgexports/package.json
@@ -0,0 +1,7 @@
+{
+  "exports": {
+    ".": "./asdf.js",
+    "./asdf": "./asdf.js",
+    "./sub/": "./"
+  }
+}
diff --git a/test/fixtures/pkgexports-missing.mjs b/test/fixtures/pkgexports-missing.mjs
new file mode 100644
index 00000000000000..7d1d5b2e821629
--- /dev/null
+++ b/test/fixtures/pkgexports-missing.mjs
@@ -0,0 +1,11 @@
+export function loadMissing() {
+  return import('pkgexports/missing');
+}
+
+export function loadFromNumber() {
+  return import('pkgexports-number/hidden.js');
+}
+
+export function loadDot() {
+  return import('pkgexports');
+}
diff --git a/test/fixtures/pkgexports.mjs b/test/fixtures/pkgexports.mjs
new file mode 100644
index 00000000000000..4d82ba0560ef11
--- /dev/null
+++ b/test/fixtures/pkgexports.mjs
@@ -0,0 +1,2 @@
+export { default as asdf } from 'pkgexports/asdf';
+export { default as asdf2 } from 'pkgexports/sub/asdf.js';