diff --git a/core/modules/map.rs b/core/modules/map.rs
index 3c58d579b..5b81b092b 100644
--- a/core/modules/map.rs
+++ b/core/modules/map.rs
@@ -1971,7 +1971,7 @@ impl ModuleMap {
               .unwrap()
               .clone();
             match state.phase {
-              ModuleImportPhase::Defer | ModuleImportPhase::Evaluation => {
+              ModuleImportPhase::Evaluation => {
                 // The top-level module from a dynamic import has been instantiated.
                 // Load is done.
                 let module_id =
@@ -1987,6 +1987,34 @@ impl ModuleMap {
                   state,
                 )?;
               }
+              ModuleImportPhase::Defer => {
+                // For defer phase imports, the module is instantiated but NOT evaluated.
+                // V8 will handle creating the deferred namespace object that triggers
+                // evaluation on first property access.
+                // Requires V8 flag --js-defer-import-eval (enabled in runtime/setup.rs).
+                let module_id =
+                  load.root_module_id.expect("Root module should be loaded");
+                let result = self.instantiate_module(scope, module_id);
+                if let Err(exception) = result {
+                  self.dynamic_import_reject(scope, dyn_import_id, exception);
+                  continue;
+                }
+                // Resolve with the module namespace without evaluating.
+                // V8's deferred namespace will trigger evaluation on property access.
+                let module_handle =
+                  self.get_handle(module_id).expect("ModuleInfo not found");
+                let module = module_handle.open(scope);
+                let module_namespace = module.get_module_namespace();
+                let resolver_handle = self
+                  .dynamic_import_map
+                  .borrow_mut()
+                  .remove(&dyn_import_id)
+                  .expect("Invalid dynamic import id")
+                  .resolver;
+                let resolver = resolver_handle.open(scope);
+                resolver.resolve(scope, module_namespace).unwrap();
+                scope.perform_microtask_checkpoint();
+              }
               ModuleImportPhase::Source => {
                 let module_reference = load.root_module_reference.as_ref().expect("Root module reference had to have been resolved to get here.");
                 let key = ModuleSourceKey::from_reference(module_reference);
diff --git a/core/runtime/setup.rs b/core/runtime/setup.rs
index 6aba446ff..7ebd465ec 100644
--- a/core/runtime/setup.rs
+++ b/core/runtime/setup.rs
@@ -26,7 +26,8 @@ fn v8_init(
     " --harmony-temporal",
     " --js-float16array",
     " --js-explicit-resource-management",
-    " --js-source-phase-imports"
+    " --js-source-phase-imports",
+    " --js-defer-import-eval"
   );
   let snapshot_flags = "--predictable --random-seed=42";
   let expose_natives_flags = "--expose_gc --allow_natives_syntax";
diff --git a/testing/integration/import_defer/deferred.js b/testing/integration/import_defer/deferred.js
new file mode 100644
index 000000000..969e057bc
--- /dev/null
+++ b/testing/integration/import_defer/deferred.js
@@ -0,0 +1,6 @@
+// Copyright 2018-2025 the Deno authors. MIT license.
+console.log("deferred module evaluated");
+export const value = 42;
+export function add(a, b) {
+  return a + b;
+}
diff --git a/testing/integration/import_defer/import_defer.js b/testing/integration/import_defer/import_defer.js
new file mode 100644
index 000000000..70b979a32
--- /dev/null
+++ b/testing/integration/import_defer/import_defer.js
@@ -0,0 +1,25 @@
+// Copyright 2018-2025 the Deno authors. MIT license.
+
+// Test for TC39 proposal: Deferred Module Evaluation
+// https://github.com/tc39/proposal-defer-import-eval
+//
+// The `import defer` syntax allows loading a module without immediately
+// executing it. The module is executed synchronously when any property
+// on the namespace is first accessed.
+//
+console.log("before import defer");
+
+// Static import defer syntax - module is loaded but not executed
+import defer * as deferred from "./deferred.js";
+
+console.log("after import defer, before access");
+
+// First property access triggers module evaluation
+console.log(`value: ${deferred.value}`);
+
+console.log("after first access");
+
+// Subsequent accesses use the already-evaluated module
+console.log(`add: ${deferred.add(1, 2)}`);
+
+console.log("done");
diff --git a/testing/integration/import_defer/import_defer.out b/testing/integration/import_defer/import_defer.out
new file mode 100644
index 000000000..a422e0c8d
--- /dev/null
+++ b/testing/integration/import_defer/import_defer.out
@@ -0,0 +1,7 @@
+before import defer
+after import defer, before access
+deferred module evaluated
+value: 42
+after first access
+add: 3
+done
diff --git a/testing/lib.rs b/testing/lib.rs
index 6e783dd38..ac7ed8235 100644
--- a/testing/lib.rs
+++ b/testing/lib.rs
@@ -60,6 +60,7 @@ integration_test!(
   dyn_import_op,
   dyn_import_no_hang,
   dyn_import_pending_tla,
+  import_defer,
   error_async_stack,
   error_callsite,
   error_non_existent_eval_source,