diff --git a/packages/transformers/typescript-types/src/shake.js b/packages/transformers/typescript-types/src/shake.js
index 4bab766885f..6e54366ffb2 100644
--- a/packages/transformers/typescript-types/src/shake.js
+++ b/packages/transformers/typescript-types/src/shake.js
@@ -4,7 +4,7 @@ import type {TSModuleGraph} from './TSModuleGraph';
 
 import ts from 'typescript';
 import nullthrows from 'nullthrows';
-import {getExportedName, isDeclaration} from './utils';
+import {getExportedName, isDeclaration, createImportSpecifier} from './utils';
 
 export function shake(
   moduleGraph: TSModuleGraph,
@@ -238,7 +238,8 @@ function generateImports(moduleGraph: TSModuleGraph) {
         );
       } else {
         namedSpecifiers.push(
-          ts.createImportSpecifier(
+          createImportSpecifier(
+            ts,
             name === imported ? undefined : ts.createIdentifier(imported),
             ts.createIdentifier(name),
           ),
diff --git a/packages/transformers/typescript-types/src/utils.js b/packages/transformers/typescript-types/src/utils.js
index 7178997f3a2..326f9f9dabb 100644
--- a/packages/transformers/typescript-types/src/utils.js
+++ b/packages/transformers/typescript-types/src/utils.js
@@ -1,5 +1,6 @@
 // @flow
 import typeof TypeScriptModule from 'typescript'; // eslint-disable-line import/no-extraneous-dependencies
+import type {Identifier, ImportSpecifier} from 'typescript';
 
 export function getExportedName(ts: TypeScriptModule, node: any): ?string {
   if (!node.modifiers) {
@@ -26,3 +27,22 @@ export function isDeclaration(ts: TypeScriptModule, node: any): boolean {
     ts.isTypeAliasDeclaration(node)
   );
 }
+
+export function createImportSpecifier(
+  ts: TypeScriptModule,
+  propertyName: Identifier | void,
+  name: Identifier,
+  isTypeOnly: boolean = false,
+): ImportSpecifier {
+  const [majorVersion, minorVersion] = ts.versionMajorMinor
+    .split('.')
+    .map(num => parseInt(num, 10));
+  // The signature of createImportSpecifier had a breaking change in Typescript 4.5.
+  // see: https://www.typescriptlang.org/docs/handbook/release-notes/typescript-4-5.html#type-modifiers-on-import-names
+  if (majorVersion > 4 || (majorVersion === 4 && minorVersion >= 5)) {
+    // $FlowFixMe
+    return ts.createImportSpecifier(isTypeOnly, propertyName, name);
+  } else {
+    return ts.createImportSpecifier(propertyName, name);
+  }
+}
diff --git a/yarn.lock b/yarn.lock
index 93d89d24a1c..40acf9d1304 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -13024,9 +13024,9 @@ typedarray@^0.0.6:
   integrity sha1-hnrHTjhkGHsdPUfZlqeOxciDB3c=
 
 typescript@>=3.0.0:
-  version "4.2.4"
-  resolved "https://registry.yarnpkg.com/typescript/-/typescript-4.2.4.tgz#8610b59747de028fda898a8aef0e103f156d0961"
-  integrity sha512-V+evlYHZnQkaz8TRBuxTA92yZBPotr5H+WhQ7bD3hZUndx5tGOa1fuCgeSjxAzM1RiN5IzvadIXTVefuuwZCRg==
+  version "4.5.3"
+  resolved "https://registry.yarnpkg.com/typescript/-/typescript-4.5.3.tgz#afaa858e68c7103317d89eb90c5d8906268d353c"
+  integrity sha512-eVYaEHALSt+s9LbvgEv4Ef+Tdq7hBiIZgii12xXJnukryt3pMgJf6aKhoCZ3FWQsu6sydEnkg11fYXLzhLBjeQ==
 
 uglify-js@^3.1.4:
   version "3.7.6"