diff --git a/crates/oxc_transformer/src/typescript/annotations.rs b/crates/oxc_transformer/src/typescript/annotations.rs
index bc27245ddce78..fd37980f5fa9e 100644
--- a/crates/oxc_transformer/src/typescript/annotations.rs
+++ b/crates/oxc_transformer/src/typescript/annotations.rs
@@ -87,7 +87,7 @@ impl<'a> TypeScriptAnnotations<'a> {
                                         ident.reference_id.get().is_some_and(|id| {
                                             ctx.symbols().references[id].symbol_id().is_some_and(
                                                 |symbol_id| {
-                                                    ctx.symbols().get_flag(symbol_id).is_type()
+                                                    !ctx.symbols().get_flag(symbol_id).is_value()
                                                 },
                                             )
                                         })
diff --git a/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/class-export/input.ts b/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/export-elimination/input.ts
similarity index 56%
rename from tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/class-export/input.ts
rename to tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/export-elimination/input.ts
index 59cafb2987a48..65b1e6efb0b52 100644
--- a/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/class-export/input.ts
+++ b/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/export-elimination/input.ts
@@ -8,4 +8,10 @@ namespace Name {
   export const Q = 0;
 }
 
-export { Im, Ok, Foo, Bar, Func, Baz, Baq, Name };
\ No newline at end of file
+export { Im, Ok, Foo, Bar, Func, Baz, Baq, Name };
+
+type T = number;
+function T(): T {
+  return 123;
+}
+export { T }
\ No newline at end of file
diff --git a/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/class-export/output.ts b/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/export-elimination/output.ts
similarity index 81%
rename from tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/class-export/output.ts
rename to tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/export-elimination/output.ts
index 3439410750831..6e60c70871b10 100644
--- a/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/class-export/output.ts
+++ b/tasks/transform_conformance/tests/babel-plugin-transform-typescript/test/fixtures/export-elimination/output.ts
@@ -6,4 +6,10 @@ let Name;
 (function(_Name) {
 	const Q = _Name.Q = 0;
 })(Name || (Name = {}));
+
 export { Im, Ok, Foo, Bar, Func, Name };
+
+function T() {
+	return 123;
+}
+export { T }
\ No newline at end of file