diff --git a/.github/workflows/cargo.yml b/.github/workflows/cargo.yml
index ece6eed0fb6..bbd7ccd969c 100644
--- a/.github/workflows/cargo.yml
+++ b/.github/workflows/cargo.yml
@@ -194,7 +194,7 @@ jobs:
         uses: actions-rs/toolchain@v1
         with:
           profile: minimal
-          target: wasm32-unknown-unknown
+          target: wasm32-wasi
 
       - uses: denoland/setup-deno@v1
         if: matrix.crate == 'swc_bundler'
diff --git a/Cargo.lock b/Cargo.lock
index bbf05d68ab6..5b084f2d447 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -147,6 +147,12 @@ dependencies = [
  "rustc-demangle",
 ]
 
+[[package]]
+name = "base-x"
+version = "0.2.8"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a4521f3e3d031370679b3b140beb36dfe4801b09ac77e30c61941f97df3ef28b"
+
 [[package]]
 name = "base64"
 version = "0.11.0"
@@ -245,6 +251,12 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "byteorder"
+version = "1.4.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "14c189c53d098945499cdfa7ecc63567cf3886b3332b312a5b4585d8d3a6a610"
+
 [[package]]
 name = "bytes"
 version = "1.1.0"
@@ -279,7 +291,7 @@ dependencies = [
  "libc",
  "num-integer",
  "num-traits",
- "time",
+ "time 0.1.43",
  "wasm-bindgen",
  "winapi",
 ]
@@ -340,6 +352,12 @@ dependencies = [
  "tiny-keccak",
 ]
 
+[[package]]
+name = "const_fn"
+version = "0.4.9"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "fbdcdcb6d86f71c5e97409ad45898af11cbc995b4ee8112d59095a28d376c935"
+
 [[package]]
 name = "constant_time_eq"
 version = "0.1.5"
@@ -672,6 +690,12 @@ dependencies = [
  "generic-array",
 ]
 
+[[package]]
+name = "discard"
+version = "1.0.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "212d0f5754cb6769937f4501cc0e67f4f4483c8d2c3e1e922ee9edbe4ab4c7c0"
+
 [[package]]
 name = "either"
 version = "1.6.1"
@@ -819,6 +843,15 @@ dependencies = [
  "slab",
 ]
 
+[[package]]
+name = "generational-arena"
+version = "0.2.8"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8e1d3b771574f62d0548cee0ad9057857e9fc25d7a3335f140c84f6acd0bf601"
+dependencies = [
+ "cfg-if 0.1.10",
+]
+
 [[package]]
 name = "generic-array"
 version = "0.14.5"
@@ -2385,6 +2418,12 @@ dependencies = [
  "opaque-debug",
 ]
 
+[[package]]
+name = "sha1"
+version = "0.6.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2579985fda508104f7587689507983eadd6a6e84dd35d6d115361f530916fa0d"
+
 [[package]]
 name = "sharded-slab"
 version = "0.1.4"
@@ -2454,6 +2493,15 @@ version = "1.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a8f112729512f8e442d81f95a8a7ddf2b7c6b8a1a6f509a95864142b30cab2d3"
 
+[[package]]
+name = "standback"
+version = "0.2.17"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "e113fb6f3de07a243d434a56ec6f186dfd51cb08448239fe7bcae73f87ff28ff"
+dependencies = [
+ "version_check",
+]
+
 [[package]]
 name = "static-map-macro"
 version = "0.2.1"
@@ -2472,6 +2520,55 @@ version = "1.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a2eb9349b6444b326872e140eb1cf5e7c522154d69e7a0ffb0fb81c06b37543f"
 
+[[package]]
+name = "stdweb"
+version = "0.4.20"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d022496b16281348b52d0e30ae99e01a73d737b2f45d38fed4edf79f9325a1d5"
+dependencies = [
+ "discard",
+ "rustc_version",
+ "stdweb-derive",
+ "stdweb-internal-macros",
+ "stdweb-internal-runtime",
+ "wasm-bindgen",
+]
+
+[[package]]
+name = "stdweb-derive"
+version = "0.5.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "c87a60a40fccc84bef0652345bbbbbe20a605bf5d0ce81719fc476f5c03b50ef"
+dependencies = [
+ "proc-macro2",
+ "quote",
+ "serde",
+ "serde_derive",
+ "syn",
+]
+
+[[package]]
+name = "stdweb-internal-macros"
+version = "0.2.9"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "58fa5ff6ad0d98d1ffa8cb115892b6e69d67799f6763e162a1c9db421dc22e11"
+dependencies = [
+ "base-x",
+ "proc-macro2",
+ "quote",
+ "serde",
+ "serde_derive",
+ "serde_json",
+ "sha1",
+ "syn",
+]
+
+[[package]]
+name = "stdweb-internal-runtime"
+version = "0.1.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "213701ba3370744dcd1a12960caa4843b3d68b4d1c0a5d575e0d65b2ee9d16c0"
+
 [[package]]
 name = "string_cache"
 version = "0.8.2"
@@ -3441,6 +3538,7 @@ dependencies = [
  "testing",
  "wasmer",
  "wasmer-cache",
+ "wasmer-wasi",
 ]
 
 [[package]]
@@ -3631,6 +3729,44 @@ dependencies = [
  "winapi",
 ]
 
+[[package]]
+name = "time"
+version = "0.2.27"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "4752a97f8eebd6854ff91f1c1824cd6160626ac4bd44287f7f4ea2035a02a242"
+dependencies = [
+ "const_fn",
+ "libc",
+ "standback",
+ "stdweb",
+ "time-macros",
+ "version_check",
+ "winapi",
+]
+
+[[package]]
+name = "time-macros"
+version = "0.1.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "957e9c6e26f12cb6d0dd7fc776bb67a706312e7299aed74c8dd5b17ebb27e2f1"
+dependencies = [
+ "proc-macro-hack",
+ "time-macros-impl",
+]
+
+[[package]]
+name = "time-macros-impl"
+version = "0.1.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "fd3c141a1b43194f3f56a1411225df8646c55781d5f26db825b3d98507eb482f"
+dependencies = [
+ "proc-macro-hack",
+ "proc-macro2",
+ "quote",
+ "standback",
+ "syn",
+]
+
 [[package]]
 name = "tiny-keccak"
 version = "2.0.2"
@@ -4165,6 +4301,17 @@ dependencies = [
  "thiserror",
 ]
 
+[[package]]
+name = "wasmer-vfs"
+version = "2.1.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8a3a58a3700781aa4f5344915ea082086e75ba7ebe294f60ae499614db92dd00"
+dependencies = [
+ "libc",
+ "thiserror",
+ "tracing",
+]
+
 [[package]]
 name = "wasmer-vm"
 version = "2.1.1"
@@ -4187,6 +4334,36 @@ dependencies = [
  "winapi",
 ]
 
+[[package]]
+name = "wasmer-wasi"
+version = "2.1.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0c2b1d981ad312dac6e74a41a35b9bca41a6d1157c3e6a575fb1041e4b516610"
+dependencies = [
+ "cfg-if 1.0.0",
+ "generational-arena",
+ "getrandom 0.2.3",
+ "libc",
+ "thiserror",
+ "tracing",
+ "wasm-bindgen",
+ "wasmer",
+ "wasmer-vfs",
+ "wasmer-wasi-types",
+ "winapi",
+]
+
+[[package]]
+name = "wasmer-wasi-types"
+version = "2.1.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "7731240c0ae536623414beb73091dddf68d1a080f49086fc31ec916536b1af98"
+dependencies = [
+ "byteorder",
+ "time 0.2.27",
+ "wasmer-types",
+]
+
 [[package]]
 name = "wasmparser"
 version = "0.78.2"
diff --git a/crates/swc_plugin_runner/Cargo.toml b/crates/swc_plugin_runner/Cargo.toml
index 37f0ecca3d6..e26bbcdefd1 100644
--- a/crates/swc_plugin_runner/Cargo.toml
+++ b/crates/swc_plugin_runner/Cargo.toml
@@ -21,6 +21,7 @@ swc_ecma_ast = {version = "0.65.0", path = "../swc_ecma_ast", features = ["rkyv-
 swc_ecma_parser = {version = "0.87.0", path = "../swc_ecma_parser"}
 wasmer = "2.1.1"
 wasmer-cache = "2.1.1"
+wasmer-wasi = "2.1.1"
 
 [dev-dependencies]
 testing = {version = "0.18.0", path = "../testing"}
diff --git a/crates/swc_plugin_runner/src/lib.rs b/crates/swc_plugin_runner/src/lib.rs
index b7832865c7d..d055cff3fd5 100644
--- a/crates/swc_plugin_runner/src/lib.rs
+++ b/crates/swc_plugin_runner/src/lib.rs
@@ -8,8 +8,9 @@ use once_cell::sync::Lazy;
 use parking_lot::Mutex;
 use resolve::PluginCache;
 use swc_common::{collections::AHashMap, plugin::Serialized};
-use wasmer::{imports, Array, Instance, Memory, MemoryType, Module, Store, WasmPtr};
+use wasmer::{imports, Array, Exports, Instance, Memory, MemoryType, Module, Store, WasmPtr};
 use wasmer_cache::{Cache, Hash};
+use wasmer_wasi::{get_wasi_version, WasiState};
 
 pub mod resolve;
 
@@ -96,9 +97,36 @@ fn load_plugin(plugin_path: &Path, cache: &mut Option<PluginCache>) -> Result<In
     return match module {
         Ok(module) => {
             let memory = Memory::new(&wasmer_store, MemoryType::new(1, None, false))?;
-            let import_object = imports! {
-                "env" => {
-                    "memory" => memory
+            let wasi_version = get_wasi_version(&module, true);
+
+            // Assume plugin binary targets wasm32-wasi if wasi version can be found
+            let import_object = if wasi_version.is_some() {
+                // Create the `WasiEnv`.
+                let mut wasi_env = WasiState::new(
+                    plugin_path
+                        .file_name()
+                        .and_then(|f| f.to_str())
+                        .expect("Plugin path missing file name"),
+                )
+                .finalize()?;
+
+                // Generate an `ImportObject` from wasi_env
+                let mut import_object = wasi_env.import_object(&module)?;
+
+                // Inject `memory` into generated import_object, this is required to allocate
+                // guest (plugin)'s memory space from the host (SWC).
+                let mut env = Exports::new();
+                env.insert("memory", memory);
+                import_object.register("env", env);
+                import_object
+            }
+            // Not able to detect wasi version in binary - assume plugin targets
+            // wasm32-unknown-unknown
+            else {
+                imports! {
+                    "env" => {
+                        "memory" => memory
+                    }
                 }
             };
 
diff --git a/crates/swc_plugin_runner/tests/integration.rs b/crates/swc_plugin_runner/tests/integration.rs
index 838afa17934..fd1a29f8135 100644
--- a/crates/swc_plugin_runner/tests/integration.rs
+++ b/crates/swc_plugin_runner/tests/integration.rs
@@ -26,11 +26,7 @@ fn build_plugin(dir: &Path) -> Result<PathBuf, Error> {
         cmd.stderr(Stdio::inherit()).output()?;
     }
 
-    for entry in fs::read_dir(
-        &dir.join("target")
-            .join("wasm32-unknown-unknown")
-            .join("debug"),
-    )? {
+    for entry in fs::read_dir(&dir.join("target").join("wasm32-wasi").join("debug"))? {
         let entry = entry?;
 
         let s = entry.file_name().to_string_lossy().into_owned();
diff --git a/tests/rust-plugins/swc_internal_plugin/build.cmd b/tests/rust-plugins/swc_internal_plugin/build.cmd
index fc5eb3bbc4c..5a6d22b687b 100644
--- a/tests/rust-plugins/swc_internal_plugin/build.cmd
+++ b/tests/rust-plugins/swc_internal_plugin/build.cmd
@@ -9,7 +9,7 @@ FOR %%A in (%*) DO (
 )
 
 REM Build wasm binary
-cargo build %* --target=wasm32-unknown-unknown
+cargo build %* --target=wasm32-wasi
 
 REM Build polyfill cli, run polyfill over generated wasm binary
 PUSHD multivalue-polyfill
diff --git a/tests/rust-plugins/swc_internal_plugin/build.sh b/tests/rust-plugins/swc_internal_plugin/build.sh
index b689d4fe6ea..17d2864eb35 100755
--- a/tests/rust-plugins/swc_internal_plugin/build.sh
+++ b/tests/rust-plugins/swc_internal_plugin/build.sh
@@ -10,7 +10,7 @@ do
 done
 
 # Build wasm binary
-cargo build $@ --target=wasm32-unknown-unknown
+cargo build $@ --target=wasm32-wasi
 
 # Build polyfill cli, run polyfill over generated wasm binary
 pushd multivalue-polyfill
diff --git a/tests/rust-plugins/swc_internal_plugin/multivalue-polyfill/src/main.rs b/tests/rust-plugins/swc_internal_plugin/multivalue-polyfill/src/main.rs
index d2326b9892f..ff94b24c8a7 100644
--- a/tests/rust-plugins/swc_internal_plugin/multivalue-polyfill/src/main.rs
+++ b/tests/rust-plugins/swc_internal_plugin/multivalue-polyfill/src/main.rs
@@ -28,7 +28,7 @@ fn main() -> Result<(), Box<dyn std::error::Error>> {
     let target_path = PathBuf::from(env::var("CARGO_MANIFEST_DIR")?)
         .join("..")
         .join("target")
-        .join("wasm32-unknown-unknown")
+        .join("wasm32-wasi")
         .join(target[1].clone());
 
     let input_path = fs::read_dir(target_path)?