diff --git a/packages/react/src/module-federation/models.ts b/packages/react/src/module-federation/models.ts
index 4f84cef436962..ca83aa6b8a67f 100644
--- a/packages/react/src/module-federation/models.ts
+++ b/packages/react/src/module-federation/models.ts
@@ -1,21 +1,30 @@
+export type ModuleFederationLibrary = { type: string; name: string };
+
+export type Remotes = string[] | [remoteName: string, remoteUrl: string][];
+
 export interface SharedLibraryConfig {
-  singleton: boolean;
-  strictVersion: boolean;
-  requiredVersion: string;
-  eager: boolean;
+  singleton?: boolean;
+  strictVersion?: boolean;
+  requiredVersion?: false | string;
+  eager?: boolean;
 }
 
-export type ModuleFederationLibrary = { type: string; name: string };
+export type SharedFunction = (
+  libraryName: string,
+  sharedConfig: SharedLibraryConfig
+) => undefined | false | SharedLibraryConfig;
 
-export type Remotes = string[] | [remoteName: string, remoteUrl: string][];
+export type AdditionalSharedConfig = Array<
+  | string
+  | [libraryName: string, sharedConfig: SharedLibraryConfig]
+  | { libraryName: string; sharedConfig: SharedLibraryConfig }
+>;
 
 export interface ModuleFederationConfig {
   name: string;
   remotes?: string[];
   library?: ModuleFederationLibrary;
   exposes?: Record<string, string>;
-  shared?: (
-    libraryName: string,
-    library: SharedLibraryConfig
-  ) => undefined | false | SharedLibraryConfig;
+  shared?: SharedFunction;
+  additionalShared?: AdditionalSharedConfig;
 }
diff --git a/packages/react/src/module-federation/package-json.ts b/packages/react/src/module-federation/package-json.ts
new file mode 100644
index 0000000000000..b0fbff11dea14
--- /dev/null
+++ b/packages/react/src/module-federation/package-json.ts
@@ -0,0 +1,16 @@
+import { joinPathFragments, readJsonFile, workspaceRoot } from '@nrwl/devkit';
+import { existsSync } from 'fs';
+
+export function readRootPackageJson(): {
+  dependencies?: { [key: string]: string };
+  devDependencies?: { [key: string]: string };
+} {
+  const pkgJsonPath = joinPathFragments(workspaceRoot, 'package.json');
+  if (!existsSync(pkgJsonPath)) {
+    throw new Error(
+      'NX MFE: Could not find root package.json to determine dependency versions.'
+    );
+  }
+
+  return readJsonFile(pkgJsonPath);
+}
diff --git a/packages/react/src/module-federation/webpack-utils.ts b/packages/react/src/module-federation/webpack-utils.ts
index 28519174aac9c..84e887c7113fb 100644
--- a/packages/react/src/module-federation/webpack-utils.ts
+++ b/packages/react/src/module-federation/webpack-utils.ts
@@ -1,6 +1,6 @@
-import { existsSync, readFileSync } from 'fs';
+import { existsSync } from 'fs';
 import { NormalModuleReplacementPlugin } from 'webpack';
-import { joinPathFragments, logger, workspaceRoot } from '@nrwl/devkit';
+import { logger, workspaceRoot } from '@nrwl/devkit';
 import { dirname, join, normalize } from 'path';
 import { ParsedCommandLine } from 'typescript';
 import {
@@ -8,6 +8,7 @@ import {
   readTsConfig,
 } from '@nrwl/workspace/src/utilities/typescript';
 import { SharedLibraryConfig } from './models';
+import { readRootPackageJson } from './package-json';
 
 export function shareWorkspaceLibraries(
   libraries: string[],
@@ -25,7 +26,7 @@ export function shareWorkspaceLibraries(
   if (!tsconfigPathAliases) {
     return {
       getAliases: () => [],
-      getLibraries: () => {},
+      getLibraries: () => ({}),
       getReplacementPlugin: () =>
         new NormalModuleReplacementPlugin(/./, () => {}),
     };
@@ -54,7 +55,7 @@ export function shareWorkspaceLibraries(
           ...libraries,
           [library.name]: { requiredVersion: false, eager },
         }),
-        {}
+        {} as Record<string, SharedLibraryConfig>
       ),
     getReplacementPlugin: () =>
       new NormalModuleReplacementPlugin(/./, (req) => {
@@ -75,38 +76,37 @@ export function shareWorkspaceLibraries(
   };
 }
 
-export function sharePackages(
-  packages: string[]
-): Record<string, SharedLibraryConfig> {
-  const pkgJsonPath = joinPathFragments(workspaceRoot, 'package.json');
-  if (!existsSync(pkgJsonPath)) {
-    throw new Error(
-      'NX: Could not find root package.json to determine dependency versions.'
+export function getNpmPackageSharedConfig(
+  pkgName: string,
+  version: string
+): SharedLibraryConfig | undefined {
+  if (!version) {
+    logger.warn(
+      `Could not find a version for "${pkgName}" in the root "package.json" ` +
+        'when collecting shared packages for the Module Federation setup. ' +
+        'The package will not be shared.'
     );
+
+    return undefined;
   }
 
-  const pkgJson = JSON.parse(readFileSync(pkgJsonPath, 'utf-8'));
+  return { singleton: true, strictVersion: true, requiredVersion: version };
+}
 
-  return packages.reduce((shared, pkgName) => {
-    const version =
-      pkgJson.dependencies?.[pkgName] ?? pkgJson.devDependencies?.[pkgName];
-    if (!version) {
-      logger.warn(
-        `Could not find a version for "${pkgName}" in the root "package.json" ` +
-          'when collecting shared packages for the Module Federation setup. ' +
-          'The package will not be shared.'
-      );
+export function sharePackages(
+  packages: string[]
+): Record<string, SharedLibraryConfig> {
+  const pkgJson = readRootPackageJson();
 
-      return shared;
+  return packages.reduce((shared, pkg) => {
+    const config = getNpmPackageSharedConfig(
+      pkg,
+      pkgJson.dependencies?.[pkg] ?? pkgJson.devDependencies?.[pkg]
+    );
+    if (config) {
+      shared[pkg] = config;
     }
 
-    return {
-      ...shared,
-      [pkgName]: {
-        singleton: true,
-        strictVersion: true,
-        requiredVersion: version,
-      },
-    };
-  }, {});
+    return shared;
+  }, {} as Record<string, SharedLibraryConfig>);
 }
diff --git a/packages/react/src/module-federation/with-module-federation.ts b/packages/react/src/module-federation/with-module-federation.ts
index ea5ae1e2533da..376ab51e0ba80 100644
--- a/packages/react/src/module-federation/with-module-federation.ts
+++ b/packages/react/src/module-federation/with-module-federation.ts
@@ -1,4 +1,8 @@
-import { sharePackages, shareWorkspaceLibraries } from './webpack-utils';
+import {
+  getNpmPackageSharedConfig,
+  sharePackages,
+  shareWorkspaceLibraries,
+} from './webpack-utils';
 import {
   createProjectGraphAsync,
   ProjectGraph,
@@ -12,8 +16,15 @@ import {
 } from '@nrwl/workspace/src/utilities/typescript';
 import { ParsedCommandLine } from 'typescript';
 import { readWorkspaceJson } from 'nx/src/project-graph/file-utils';
-import { ModuleFederationConfig, Remotes } from './models';
+import {
+  AdditionalSharedConfig,
+  ModuleFederationConfig,
+  Remotes,
+  SharedFunction,
+  SharedLibraryConfig,
+} from './models';
 import ModuleFederationPlugin = require('webpack/lib/container/ModuleFederationPlugin');
+import { readRootPackageJson } from './package-json';
 
 function collectDependencies(
   projectGraph: ProjectGraph,
@@ -79,14 +90,10 @@ function mapWorkspaceLibrariesToTsConfigImport(workspaceLibraries: string[]) {
   return mappedLibraries;
 }
 
-async function getDependentPackagesForProject(name: string) {
-  let projectGraph: ProjectGraph<any>;
-  try {
-    projectGraph = readCachedProjectGraph();
-  } catch (e) {
-    projectGraph = await createProjectGraphAsync();
-  }
-
+async function getDependentPackagesForProject(
+  projectGraph: ProjectGraph,
+  name: string
+) {
   const { npmPackages, workspaceLibraries } = collectDependencies(
     projectGraph,
     name
@@ -140,6 +147,75 @@ function mapRemotes(remotes: Remotes) {
   return mappedRemotes;
 }
 
+function applySharedFunction(
+  sharedConfig: Record<string, SharedLibraryConfig>,
+  sharedFn: SharedFunction | undefined
+): void {
+  if (!sharedFn) {
+    return;
+  }
+
+  for (const [libraryName, library] of Object.entries(sharedConfig)) {
+    const mappedDependency = sharedFn(libraryName, library);
+    if (mappedDependency === false) {
+      delete sharedConfig[libraryName];
+      continue;
+    } else if (!mappedDependency) {
+      continue;
+    }
+
+    sharedConfig[libraryName] = mappedDependency;
+  }
+}
+
+function addStringDependencyToSharedConfig(
+  sharedConfig: Record<string, SharedLibraryConfig>,
+  dependency: string,
+  projectGraph: ProjectGraph
+): void {
+  if (projectGraph.nodes[dependency]) {
+    sharedConfig[dependency] = { requiredVersion: false };
+  } else if (projectGraph.externalNodes?.[dependency]) {
+    const pkgJson = readRootPackageJson();
+    const config = getNpmPackageSharedConfig(
+      dependency,
+      pkgJson.dependencies?.[dependency] ??
+        pkgJson.devDependencies?.[dependency]
+    );
+
+    if (!config) {
+      return;
+    }
+
+    sharedConfig[dependency] = config;
+  } else {
+    throw new Error(
+      `The specified dependency "${dependency}" in the additionalShared configuration does not exist in the project graph. ` +
+        `Please check your additionalShared configuration and make sure you are including valid workspace projects or npm packages.`
+    );
+  }
+}
+
+function applyAdditionalShared(
+  sharedConfig: Record<string, SharedLibraryConfig>,
+  additionalShared: AdditionalSharedConfig | undefined,
+  projectGraph: ProjectGraph
+): void {
+  if (!additionalShared) {
+    return;
+  }
+
+  for (const shared of additionalShared) {
+    if (typeof shared === 'string') {
+      addStringDependencyToSharedConfig(sharedConfig, shared, projectGraph);
+    } else if (Array.isArray(shared)) {
+      sharedConfig[shared[0]] = shared[1];
+    } else if (typeof shared === 'object') {
+      sharedConfig[shared.libraryName] = shared.sharedConfig;
+    }
+  }
+}
+
 export async function withModuleFederation(options: ModuleFederationConfig) {
   const reactWebpackConfig = require('../../plugins/webpack');
   const ws = readWorkspaceJson();
@@ -151,7 +227,17 @@ export async function withModuleFederation(options: ModuleFederationConfig) {
     );
   }
 
-  const dependencies = await getDependentPackagesForProject(options.name);
+  let projectGraph: ProjectGraph<any>;
+  try {
+    projectGraph = readCachedProjectGraph();
+  } catch (e) {
+    projectGraph = await createProjectGraphAsync();
+  }
+
+  const dependencies = await getDependentPackagesForProject(
+    projectGraph,
+    options.name
+  );
   const sharedLibraries = shareWorkspaceLibraries(
     dependencies.workspaceLibraries
   );
@@ -163,19 +249,12 @@ export async function withModuleFederation(options: ModuleFederationConfig) {
     ...npmPackages,
   };
 
-  if (options.shared) {
-    for (const [libraryName, library] of Object.entries(sharedDependencies)) {
-      const mappedDependency = options.shared(libraryName, library);
-      if (mappedDependency === false) {
-        delete sharedDependencies[libraryName];
-        continue;
-      } else if (!mappedDependency) {
-        continue;
-      }
-
-      sharedDependencies[libraryName] = mappedDependency;
-    }
-  }
+  applySharedFunction(sharedDependencies, options.shared);
+  applyAdditionalShared(
+    sharedDependencies,
+    options.additionalShared,
+    projectGraph
+  );
 
   return (config) => {
     config = reactWebpackConfig(config);