diff --git a/packages/babel-node/src/babel-node.js b/packages/babel-node/src/babel-node.js
index 7a59203f16..c9153b038c 100755
--- a/packages/babel-node/src/babel-node.js
+++ b/packages/babel-node/src/babel-node.js
@@ -73,7 +73,12 @@ getV8Flags(function(err, v8Flags) {
     const kexec = require("kexec");
     kexec(process.argv[0], args);
   } catch (err) {
-    if (err.code !== "MODULE_NOT_FOUND") throw err;
+    if (
+      err.code !== "MODULE_NOT_FOUND" &&
+      err.code !== "UNDECLARED_DEPENDENCY"
+    ) {
+      throw err;
+    }
 
     const child_process = require("child_process");
     const proc = child_process.spawn(process.argv[0], args, {