diff --git a/scripts/tasks/api-extractor.ts b/scripts/tasks/api-extractor.ts
index c650e16a55eaad..83660fe908debd 100644
--- a/scripts/tasks/api-extractor.ts
+++ b/scripts/tasks/api-extractor.ts
@@ -101,7 +101,7 @@ export function apiExtractor() {
                 }
 
                 logger.info(`api-extractor: package is using TS path aliases. Overriding TS compiler settings.`);
-                const compilerConfig = getTsPathAliasesApiExtractorConfig({ tsConfig, tsConfigPath });
+                const compilerConfig = getTsPathAliasesApiExtractorConfig({ tsConfig, tsConfigPath, packageJson });
 
                 config.compiler = compilerConfig;
               },
diff --git a/scripts/tasks/utils.ts b/scripts/tasks/utils.ts
index 38b27901fe40f2..97d3174cdfa6ff 100644
--- a/scripts/tasks/utils.ts
+++ b/scripts/tasks/utils.ts
@@ -19,7 +19,33 @@ export function getTsPathAliasesConfig() {
   return { tsConfig, isUsingTsSolutionConfigs, tsConfigFile, tsConfigPath, packageJson };
 }
 
-export function getTsPathAliasesApiExtractorConfig(options: { tsConfig: TsConfig; tsConfigPath: string }) {
+const packagesWithInvalidTypes = [
+  /**
+   * @see @storybook/api/dist/ts3.9/lib/stories.d.ts:1:8 - `import React from 'react'`
+   */
+  '@storybook/api',
+];
+
+/**
+ * Some 3rd party packages might ship invalid types for consumers that don't have synthetic default imports enabled
+ * In that case our package needs to have `allowSyntheticDefaultImports` to pass the TS lib check.
+ *
+ * NOTE: This is safe to use on type declaration level for following reasons:
+ *  - it doesn't affect emitted runtime code
+ *  - it doesn't affect our declaration types emit
+ */
+function enableAllowSyntheticDefaultImports(options: { pkgJson: PackageJson }) {
+  const dependencies = Object.keys({ ...options.pkgJson.dependencies, ...options.pkgJson.peerDependencies });
+  const shouldEnable = dependencies.some(dependency => packagesWithInvalidTypes.includes(dependency));
+
+  return shouldEnable ? { allowSyntheticDefaultImports: true } : null;
+}
+
+export function getTsPathAliasesApiExtractorConfig(options: {
+  tsConfig: TsConfig;
+  tsConfigPath: string;
+  packageJson: PackageJson;
+}) {
   const rootOffset = offsetFromRoot(path.dirname(options.tsConfigPath.replace(appRootPath, '')));
   /**
    * This special TSConfig config is all that's needed for api-extractor so it has all type information used for package:
@@ -35,6 +61,7 @@ export function getTsPathAliasesApiExtractorConfig(options: { tsConfig: TsConfig
      */
     ...(options.tsConfig.files ? { files: options.tsConfig.files } : null),
     compilerOptions: {
+      ...enableAllowSyntheticDefaultImports({ pkgJson: options.packageJson }),
       strict: true,
       lib: options.tsConfig.compilerOptions.lib,
       typeRoots: ['node_modules/@types', `${rootOffset}typings`],
@@ -60,6 +87,7 @@ interface PackageJson {
   scripts?: Record<string, string>;
   dependencies?: Record<string, string>;
   devDependencies?: Record<string, string>;
+  peerDependencies?: Record<string, string>;
 }
 
 export interface TsConfig {