diff --git a/lib/loader.js b/lib/loader.js
index 625166b9..c1a76175 100644
--- a/lib/loader.js
+++ b/lib/loader.js
@@ -5,7 +5,11 @@
 const loaderUtils = require('loader-utils');
 
 const processCss = require('./processCss');
-const { getImportPrefix, compileExports } = require('./utils');
+const {
+  getImportPrefix,
+  placeholderImportItemReplacer,
+  compileExports,
+} = require('./utils');
 
 module.exports = function loader(content, map) {
   const callback = this.async();
@@ -78,20 +82,9 @@ module.exports = function loader(content, map) {
         }, this)
         .join('\n');
 
-      function importItemMatcher(item) {
-        const match = result.importItemRegExp.exec(item);
-        const idx = +match[1];
-        const importItem = result.importItems[idx];
-        const importUrl = importUrlPrefix + importItem.url;
-        return `" + require(${loaderUtils.stringifyRequest(
-          this,
-          importUrl
-        )}).locals[${JSON.stringify(importItem.export)}] + "`;
-      }
-
       cssAsString = cssAsString.replace(
         result.importItemRegExpG,
-        importItemMatcher.bind(this)
+        placeholderImportItemReplacer(this, result, importUrlPrefix)
       );
 
       // helper for ensuring valid CSS strings from requires
@@ -136,7 +129,7 @@ module.exports = function loader(content, map) {
 
       let exportJs = compileExports(
         result,
-        importItemMatcher.bind(this),
+        placeholderImportItemReplacer(this, result, importUrlPrefix),
         options.camelCase
       );
       if (exportJs) {
@@ -170,7 +163,7 @@ module.exports = function loader(content, map) {
         moduleJs = `exports.push([module.id, ${cssAsString}, ""]);`;
       }
 
-      // embed runtime
+      // Embed runtime
       return callback(
         null,
         `${urlEscapeHelper}exports = module.exports = require(${loaderUtils.stringifyRequest(
diff --git a/lib/localsLoader.js b/lib/localsLoader.js
index f7431cf9..29cb08db 100644
--- a/lib/localsLoader.js
+++ b/lib/localsLoader.js
@@ -5,7 +5,11 @@
 const loaderUtils = require('loader-utils');
 
 const processCss = require('./processCss');
-const { getImportPrefix, compileExports } = require('./utils');
+const {
+  getImportPrefix,
+  placeholderImportItemReplacer,
+  compileExports,
+} = require('./utils');
 
 module.exports = function loader(content) {
   const callback = this.async();
@@ -26,20 +30,9 @@ module.exports = function loader(content) {
       // for importing CSS
       const importUrlPrefix = getImportPrefix(this, options);
 
-      function importItemMatcher(item) {
-        const match = result.importItemRegExp.exec(item);
-        const idx = +match[1];
-        const importItem = result.importItems[idx];
-        const importUrl = importUrlPrefix + importItem.url;
-        return (
-          `" + require(${loaderUtils.stringifyRequest(this, importUrl)})` +
-          `[${JSON.stringify(importItem.export)}] + "`
-        );
-      }
-
       let exportJs = compileExports(
         result,
-        importItemMatcher.bind(this),
+        placeholderImportItemReplacer(this, result, importUrlPrefix, true),
         options.camelCase
       );
       if (exportJs) {
diff --git a/lib/utils.js b/lib/utils.js
index 0fad5e75..b195e70f 100644
--- a/lib/utils.js
+++ b/lib/utils.js
@@ -110,9 +110,36 @@ function getLocalIdent(loaderContext, localIdentName, localName, options) {
     .replace(/^((-?[0-9])|--)/, '_$1');
 }
 
+function placeholderImportItemReplacer(
+  loaderContext,
+  result,
+  importUrlPrefix,
+  onlyLocals = false
+) {
+  return (item) => {
+    const match = result.importItemRegExp.exec(item);
+    const idx = +match[1];
+    const importItem = result.importItems[idx];
+    const importUrl = importUrlPrefix + importItem.url;
+
+    if (onlyLocals) {
+      return `" + require(${loaderUtils.stringifyRequest(
+        loaderContext,
+        importUrl
+      )})[${JSON.stringify(importItem.export)}] + "`;
+    }
+
+    return `" + require(${loaderUtils.stringifyRequest(
+      loaderContext,
+      importUrl
+    )}).locals[${JSON.stringify(importItem.export)}] + "`;
+  };
+}
+
 module.exports = {
   dashesCamelCase,
   compileExports,
   getImportPrefix,
   getLocalIdent,
+  placeholderImportItemReplacer,
 };