diff --git a/Cargo.lock b/Cargo.lock
index c52d9c27c8067..78a29a6ceefc7 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -681,9 +681,9 @@ dependencies = [
 
 [[package]]
 name = "binding_macros"
-version = "0.53.12"
+version = "0.53.22"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "624f5dbcd82b932d9f9f959fec4ce89a1fd67a6e4e141bad66f01673704045cb"
+checksum = "2808ef864c0cbdb5e0588549a436411c4613034a84c9e7acdc7f06b01cb6cba4"
 dependencies = [
  "anyhow",
  "console_error_panic_hook",
@@ -3837,11 +3837,12 @@ dependencies = [
 
 [[package]]
 name = "libwebp-sys"
-version = "0.4.2"
+version = "0.9.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "439fd1885aa28937e7edcd68d2e793cb4a22f8733460d2519fbafd2b215672bf"
+checksum = "a5df1e76f0acef0058aa2164ccf74e610e716e7f9eeb3ee2283de7d43659d823"
 dependencies = [
  "cc",
+ "glob",
 ]
 
 [[package]]
@@ -4234,9 +4235,9 @@ dependencies = [
 
 [[package]]
 name = "modularize_imports"
-version = "0.32.0"
+version = "0.33.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "fadb4910d44f493d92d99c729efc7df7c183068023347e593b6acc35e301374a"
 dependencies = [
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  "handlebars",
@@ -6711,9 +6712,9 @@ checksum = "73473c0e59e6d5812c5dfe2a064a6444949f089e20eec9a2e5506596494e4623"
 
 [[package]]
 name = "styled_components"
-version = "0.59.0"
+version = "0.60.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8c6f0c1fc98644e7e7c16a3c61e94e6cdd6f038ed279b38caeea150764830b48"
+checksum = "bf847274a7e6a68723a5eec6543a7197805f8a72d086250ebb8bb33a92fd0204"
 dependencies = [
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  "once_cell",
@@ -6725,9 +6726,9 @@ dependencies = [
 
 [[package]]
 name = "styled_jsx"
-version = "0.36.0"
+version = "0.37.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "9250212c7494edb9d07261d449fe88f6797bd18486b791c76dceda9e12ba5f4c"
 dependencies = [
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@@ -6770,9 +6771,9 @@ dependencies = [
 
 [[package]]
 name = "swc"
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+version = "0.264.22"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "176cdf854d438bd39aee0dec1f84c053cb7978402b11133f60fbb77453ed020d"
+checksum = "9874632f770e715ab7e132b6cf6104a7d8fdb9a53ae0b7cf024f0746a1d024a4"
 dependencies = [
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@@ -6833,9 +6834,9 @@ dependencies = [
 
 [[package]]
 name = "swc_atoms"
-version = "0.5.7"
+version = "0.5.8"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "b8066e17abb484602da673e2d35138ab32ce53f26368d9c92113510e1659220b"
 dependencies = [
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@@ -6849,9 +6850,9 @@ dependencies = [
 
 [[package]]
 name = "swc_bundler"
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+version = "0.217.19"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "2ce68b841ec2759c2dd690af6d0c9fcb9eef25be64c5c09dc61aadb28c312fcb"
 dependencies = [
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@@ -6896,9 +6897,9 @@ dependencies = [
 
 [[package]]
 name = "swc_common"
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+version = "0.31.18"
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+checksum = "e30cd01afa791b15263fcfe8f77ecbbd020ddef659f0f58d3c7b794ad65c1738"
 dependencies = [
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@@ -6955,9 +6956,9 @@ dependencies = [
 
 [[package]]
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+version = "0.79.24"
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-checksum = "3fad8d1f1abb42719a841f76915e7d2d573e2f9f0462e26dedca847e9ad7b1e4"
+checksum = "52351bb18fb9aa6ebd11c854a7e9469842bef2236e686e050c57127d5955d8a7"
 dependencies = [
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@@ -7000,9 +7001,9 @@ dependencies = [
 
 [[package]]
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+version = "0.137.18"
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+checksum = "ec2e1600c87a641d34dc6b344f8353fa20ffedd78dc5680e1546889579cfa2c1"
 dependencies = [
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@@ -7013,9 +7014,9 @@ dependencies = [
 
 [[package]]
 name = "swc_css_codegen"
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+version = "0.147.21"
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 dependencies = [
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@@ -7043,9 +7044,9 @@ dependencies = [
 
 [[package]]
 name = "swc_css_compat"
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+version = "0.23.21"
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 dependencies = [
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@@ -7060,9 +7061,9 @@ dependencies = [
 
 [[package]]
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+version = "0.25.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "abb1f7a6cd156b8d4c75a9d88dd5b072ea5a58a8e572d58524fcce0eb4dbb99c"
 dependencies = [
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@@ -7076,9 +7077,9 @@ dependencies = [
 
 [[package]]
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+version = "0.146.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "d5179657ebe3bae23c626f2a176bc2d5e8253eb61ddefee471d7a94640f330f7"
 dependencies = [
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@@ -7089,9 +7090,9 @@ dependencies = [
 
 [[package]]
 name = "swc_css_prefixer"
-version = "0.149.22"
+version = "0.149.23"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "56e67ddded029f69740b2658845156cf70926c8eabb9ad8d653b140cfe6a4aae"
+checksum = "79e204c2947181ac66d32024ba33f35fe2864559274ccf789aa0c6d01d601097"
 dependencies = [
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@@ -7106,9 +7107,9 @@ dependencies = [
 
 [[package]]
 name = "swc_css_utils"
-version = "0.134.17"
+version = "0.134.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "893da84df13388c147b47d9f0b059daf9472560431908c304055527158b996e3"
+checksum = "8f822c1606aff1942dd79e2e09abe7fe5f0a003ac2f1439cc0eb050705706bdf"
 dependencies = [
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@@ -7121,9 +7122,9 @@ dependencies = [
 
 [[package]]
 name = "swc_css_visit"
-version = "0.136.17"
+version = "0.136.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "012a1a07cf04141aef2cfb325f61677c52827ca69670878b20b10694d6e79377"
+checksum = "221dce6ef17ff0408a1a40240fb8e6909240ff1ac622c235db8c59a4b7ca399e"
 dependencies = [
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@@ -7134,9 +7135,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_ast"
-version = "0.107.1"
+version = "0.107.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e0388ff4b0a5b08277c20d88ae630ff3a0c7c8cdd0d5bc843854fa802740fcf2"
+checksum = "0fcdf8c70c95a3e33093c1c2768ce6c7c2c1c87d7b955e8787bd3732f2d1bfca"
 dependencies = [
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@@ -7153,9 +7154,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_codegen"
-version = "0.142.2"
+version = "0.142.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "62f07839021e70d0970cd3565b3968e168db557f7c1cf190fa66e93f87670531"
+checksum = "9d81f4bdd4ec561c0f725143c4aed218968227850de8f9b57a7b8b920f33ba9f"
 dependencies = [
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@@ -7185,9 +7186,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_ext_transforms"
-version = "0.106.2"
+version = "0.106.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "09a7cfadf376146453fe38e68aa3717cb29dd1fe2207557be66104bf363a7348"
+checksum = "f50068dc2b73d161386d103c7c1ecdb0a68fee96b5704951fa461655480195e3"
 dependencies = [
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@@ -7199,9 +7200,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_lints"
-version = "0.85.2"
+version = "0.85.6"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b900cff7482189e87ae053ccc35cebafc2549b50571ec1e1fcc4c6e963e848ee"
+checksum = "fbf68005c5558aaa1def07fd0c0a29a7f1dd273c70e7a951ed308140893c2679"
 dependencies = [
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@@ -7220,9 +7221,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_loader"
-version = "0.43.19"
+version = "0.43.20"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8471c19803c2645652fb0c58defde954962a9f760d3a9cbfc5d56f2a9e81c1a5"
+checksum = "d1e8a916c6f7bc749ba37d3e594c6ac38c7d8583bebd5d42bdf2324234eec872"
 dependencies = [
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@@ -7242,9 +7243,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_minifier"
-version = "0.184.10"
+version = "0.184.19"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7278,9 +7279,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_parser"
-version = "0.137.2"
+version = "0.137.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7298,9 +7299,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_preset_env"
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+version = "0.198.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7323,9 +7324,9 @@ dependencies = [
 
 [[package]]
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 dependencies = [
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@@ -7341,9 +7342,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_testing"
-version = "0.20.14"
+version = "0.20.15"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7354,9 +7355,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms"
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+version = "0.221.12"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7374,9 +7375,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_base"
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+version = "0.130.6"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7398,9 +7399,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_classes"
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+version = "0.119.6"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7412,9 +7413,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_compat"
-version = "0.156.6"
+version = "0.156.10"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7452,9 +7453,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_module"
-version = "0.173.6"
+version = "0.173.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7480,9 +7481,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_optimization"
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+version = "0.190.12"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7506,9 +7507,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_proposal"
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+version = "0.164.10"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7526,9 +7527,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_react"
-version = "0.176.6"
+version = "0.176.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7552,9 +7553,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_testing"
-version = "0.133.2"
+version = "0.133.6"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7578,9 +7579,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_typescript"
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+version = "0.180.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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 dependencies = [
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@@ -7594,9 +7595,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_usage_analyzer"
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+version = "0.16.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
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+checksum = "45cc2476ee15d5d4d928d1eacb74de62b3cdfadcbf07998b4f46dbde70b32d87"
 dependencies = [
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@@ -7612,9 +7613,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_utils"
-version = "0.120.2"
+version = "0.120.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "48c9203b881a2bd07de18db0d5cb8df5dfada81efafc4be4cd74674215258033"
+checksum = "93562e5b67676f5a60df97725722cc846a48f3cc5ce35a4f7e6c53e064abf76c"
 dependencies = [
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@@ -7631,9 +7632,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_visit"
-version = "0.93.1"
+version = "0.93.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ffd98eaa16ea4d829f5636682dd61af01f81689a9f0ed5166b32c25b52f270b5"
+checksum = "2821bb59f507727ebb36d4f64d8428e97dbbe62347a9c6fff096ccae6ccfafc2"
 dependencies = [
  "num-bigint",
  "swc_atoms",
@@ -7645,9 +7646,9 @@ dependencies = [
 
 [[package]]
 name = "swc_emotion"
-version = "0.35.0"
+version = "0.36.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e0ab51e2b0d4267a96059213c4985737d1ae70dca8396664fd177012452d39d3"
+checksum = "cf743905cbab16c3933907dc07fa8bb6ac68682da193ea336cddbebcd6bd219f"
 dependencies = [
  "base64 0.13.1",
  "byteorder",
@@ -7675,9 +7676,9 @@ dependencies = [
 
 [[package]]
 name = "swc_error_reporters"
-version = "0.15.17"
+version = "0.15.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a7d96ecd63299674716990592f326c483632aa52dceec85229ee22728499942e"
+checksum = "b42b190cdaf440a894db49d50bc497fcc14fdf0f013fdaf7be2e69874cd1b5d0"
 dependencies = [
  "anyhow",
  "miette 4.7.1",
@@ -7688,9 +7689,9 @@ dependencies = [
 
 [[package]]
 name = "swc_fast_graph"
-version = "0.19.17"
+version = "0.19.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "416ee48930bc32634f2f0139e2fe7107dbc0c990d61c99cb581edd199e0fcb88"
+checksum = "11cc84ef676e0901c5a7a01394b98f5219beee0e22f746fbe2c90ee998ceda15"
 dependencies = [
  "indexmap",
  "petgraph",
@@ -7700,9 +7701,9 @@ dependencies = [
 
 [[package]]
 name = "swc_graph_analyzer"
-version = "0.20.20"
+version = "0.20.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d11018acd5f325876666d4eba2b036ad08e421f50b129a00d3c6dfe1aa9f67fa"
+checksum = "798e25d397d7af26ba28ddc7f266955a4364a84ca8b1ce8a601d8e3c9c7dfbe9"
 dependencies = [
  "ahash 0.8.3",
  "auto_impl",
@@ -7735,9 +7736,9 @@ dependencies = [
 
 [[package]]
 name = "swc_node_comments"
-version = "0.18.17"
+version = "0.18.18"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "996dba81c8646dd79a0a885bcf6030828e20e6cfa7b2d6257bc23c128993b67c"
+checksum = "3621bf1b1ace854fbd88e6a025450acfce1e059880c21bd22db463485abd4911"
 dependencies = [
  "ahash 0.8.3",
  "dashmap",
@@ -7761,9 +7762,9 @@ dependencies = [
 
 [[package]]
 name = "swc_plugin_proxy"
-version = "0.36.1"
+version = "0.36.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "62f43a74678e15a200724919644724492b698fa8b51156bbe70831b659068382"
+checksum = "8c107c548e383728abe131abfc30f88e7a5a367c409e797933f4ad4cbc2512c1"
 dependencies = [
  "better_scoped_tls",
  "rkyv",
@@ -7775,9 +7776,9 @@ dependencies = [
 
 [[package]]
 name = "swc_plugin_runner"
-version = "0.98.3"
+version = "0.98.5"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d74d941fc1c4c27e704516b9a9ebb620680fabd3db65a5e215cd81dd44f14718"
+checksum = "ca71afb614a1cf6eaf39137d66394d19f99f7e064992c951693322a59470fce8"
 dependencies = [
  "anyhow",
  "enumset",
@@ -7799,9 +7800,9 @@ dependencies = [
 
 [[package]]
 name = "swc_relay"
-version = "0.7.0"
+version = "0.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fc70926fbbd0865af837c88edfcd84af24386ce647a2b56c0c6e471e42ba3a4b"
+checksum = "84156a35d2a71e325b0c0c64d5bda2ed9eeb194df49ea42a6de3793b648b413b"
 dependencies = [
  "once_cell",
  "regex",
@@ -7814,9 +7815,9 @@ dependencies = [
 
 [[package]]
 name = "swc_timer"
-version = "0.19.20"
+version = "0.19.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e6e1334b8d2edbdd12de67b3f065d940f0afdf47bd84d34f5ada92280669b4f8"
+checksum = "4560c944a65d817fba2fbfd39a914d04b446da9bb1f1c5d74b42a28259d733df"
 dependencies = [
  "tracing",
 ]
@@ -8085,9 +8086,9 @@ dependencies = [
 
 [[package]]
 name = "testing"
-version = "0.33.20"
+version = "0.33.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7f171e44c58e6e710675665cbe48b8996118f2751ca057d448bc02351ee8e0b0"
+checksum = "df186694fbd668f4c7c8071c5e442b0c8781c5282202724ac44dad6092f74802"
 dependencies = [
  "ansi_term",
  "cargo_metadata",
@@ -9816,8 +9817,8 @@ version = "1.6.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "97fee6b57c6a41524a810daee9286c02d7752c4253064d0b05472833a438f675"
 dependencies = [
- "cfg-if 1.0.0",
- "rand 0.8.5",
+ "cfg-if 0.1.10",
+ "rand 0.4.6",
  "static_assertions",
 ]
 
@@ -10746,9 +10747,9 @@ dependencies = [
 
 [[package]]
 name = "webp"
-version = "0.2.2"
+version = "0.2.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf022f821f166079a407d000ab57e84de020e66ffbbf4edde999bc7d6e371cae"
+checksum = "1cf4eb6b771babe49cf2499777779a2ba9ff9ed3e531040584605732fcfd2e35"
 dependencies = [
  "libwebp-sys",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index 29538330dd5f3..cca7376eb0e46 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -75,13 +75,13 @@ lto = "off"
 # Keep consistent with preset_env_base through swc_core
 browserslist-rs = { version = "0.12.2" }
 mdxjs = { version = "0.1.14" }
-modularize_imports = { version = "0.32.0" }
-styled_components = { version = "0.59.0" }
-styled_jsx = { version = "0.36.0" }
-swc_core = { version = "0.79.13" }
-swc_emotion = { version = "0.35.0" }
-swc_relay = { version = "0.7.0" }
-testing = { version = "0.33.20" }
+modularize_imports = { version = "0.33.0" }
+styled_components = { version = "0.60.0" }
+styled_jsx = { version = "0.37.0" }
+swc_core = { version = "0.79.22" }
+swc_emotion = { version = "0.36.0" }
+swc_relay = { version = "0.8.0" }
+testing = { version = "0.33.21" }
 
 auto-hash-map = { path = "crates/turbo-tasks-auto-hash-map" }
 node-file-trace = { path = "crates/node-file-trace", default-features = false }
diff --git a/crates/turbopack-ecmascript-plugins/src/transform/modularize_imports.rs b/crates/turbopack-ecmascript-plugins/src/transform/modularize_imports.rs
index 7a2bab6851d8f..8468104b08314 100644
--- a/crates/turbopack-ecmascript-plugins/src/transform/modularize_imports.rs
+++ b/crates/turbopack-ecmascript-plugins/src/transform/modularize_imports.rs
@@ -39,7 +39,7 @@ impl ModularizeImportsTransformer {
                     (
                         k.clone(),
                         PackageConfig {
-                            transform: v.transform.clone(),
+                            transform: modularize_imports::Transform::String(v.transform.clone()),
                             prevent_full_import: v.prevent_full_import,
                             skip_default_conversion: v.skip_default_conversion,
                         },