diff --git a/src/bundler/transpiler.rs b/src/bundler/transpiler.rs
index 3729996fa70e..08182e5cc2db 100644
--- a/src/bundler/transpiler.rs
+++ b/src/bundler/transpiler.rs
@@ -2057,38 +2057,44 @@ fn parse_data_loader<'a>(
                 }
 
                 decls.truncate(count);
-                let stmt0 = bun_ast::Stmt::alloc(
-                    bun_ast::S::Local {
-                        decls: bun_ast::G::DeclList::move_from_list(decls),
-                        kind: bun_ast::S::Kind::KVar,
-                        ..Default::default()
-                    },
-                    bun_ast::Loc { start: 0 },
-                );
-                let stmt1 = bun_ast::Stmt::alloc(
-                    bun_ast::S::ExportClause {
-                        items: bun_ast::StoreSlice::new_mut(&mut export_clauses[..count]),
-                        is_single_line: false,
-                    },
-                    bun_ast::Loc { start: 0 },
-                );
-                let stmt2 = bun_ast::Stmt::alloc(
-                    bun_ast::S::ExportDefault {
-                        value: bun_ast::StmtOrExpr::Expr(expr),
-                        default_name: bun_ast::LocRef {
-                            loc: bun_ast::Loc::default(),
-                            ref_: bun_ast::Ref::NONE,
+                symbols.truncate(count);
+
+                // `print_decls` aborts on a `var` with no declarations (`{"default": 1}`).
+                if count > 0 {
+                    let stmt0 = bun_ast::Stmt::alloc(
+                        bun_ast::S::Local {
+                            decls: bun_ast::G::DeclList::move_from_list(decls),
+                            kind: bun_ast::S::Kind::KVar,
+                            ..Default::default()
                         },
-                    },
-                    bun_ast::Loc { start: 0 },
-                );
+                        bun_ast::Loc { start: 0 },
+                    );
+                    let stmt1 = bun_ast::Stmt::alloc(
+                        bun_ast::S::ExportClause {
+                            items: bun_ast::StoreSlice::new_mut(&mut export_clauses[..count]),
+                            is_single_line: false,
+                        },
+                        bun_ast::Loc { start: 0 },
+                    );
+                    let stmt2 = bun_ast::Stmt::alloc(
+                        bun_ast::S::ExportDefault {
+                            value: bun_ast::StmtOrExpr::Expr(expr),
+                            default_name: bun_ast::LocRef {
+                                loc: bun_ast::Loc::default(),
+                                ref_: bun_ast::Ref::NONE,
+                            },
+                        },
+                        bun_ast::Loc { start: 0 },
+                    );
 
-                let stmts =
-                    bun_ast::StoreSlice::new_mut(arena.alloc_slice_copy(&[stmt0, stmt1, stmt2]));
-                break 'parts Box::new([bun_ast::Part {
-                    stmts,
-                    ..Default::default()
-                }]);
+                    let stmts = bun_ast::StoreSlice::new_mut(
+                        arena.alloc_slice_copy(&[stmt0, stmt1, stmt2]),
+                    );
+                    break 'parts Box::new([bun_ast::Part {
+                        stmts,
+                        ..Default::default()
+                    }]);
+                }
             }
         }
 
diff --git a/test/bundler/bundler_loader.test.ts b/test/bundler/bundler_loader.test.ts
index bab25c3a0726..7439c4d7efd1 100644
--- a/test/bundler/bundler_loader.test.ts
+++ b/test/bundler/bundler_loader.test.ts
@@ -370,6 +370,28 @@ describe("bundler", async () => {
     },
   });
 
+  // A "default" key gets no named export. When no key gets one, the module
+  // has no `var` statement: it is only `export default`.
+  const onlyDefaultKey = (ext: string, contents: string, value: unknown, loader?: Record<`.${string}`, Loader>) =>
+    itBundled(`bun/loader-${ext}-only-default-key-no-bundle`, {
+      target: "bun",
+      bundling: false,
+      entryPoints: [`/data.${ext}`],
+      loader,
+      files: {
+        [`/data.${ext}`]: contents,
+        "/check.js": `import * as data from "./out.js"; console.write(JSON.stringify(data));`,
+      },
+      run: { file: "/check.js", stdout: JSON.stringify({ default: { default: value } }) },
+    });
+  onlyDefaultKey("json", `{"default": 1}`, 1);
+  onlyDefaultKey("jsonc", `{"default": 1} // comment`, 1);
+  onlyDefaultKey("json5", `{default: 1}`, 1);
+  onlyDefaultKey("toml", `default = 1`, 1);
+  onlyDefaultKey("yaml", `default: 1`, 1);
+  // `bun build --no-bundle` gives ".xml" the file loader unless --loader names it.
+  onlyDefaultKey("xml", `<default>1</default>`, "1", { ".xml": "xml" });
+
   // The CSS-modules lazy export builds its object through `E::Object::put`.
   itBundled("bun/loader-css-module-proto-class-is-own-property", {
     target: "bun",
diff --git a/test/bundler/expectBundled.ts b/test/bundler/expectBundled.ts
index 9c0e3d4d341d..bc2f6e4af6be 100644
--- a/test/bundler/expectBundled.ts
+++ b/test/bundler/expectBundled.ts
@@ -663,7 +663,7 @@ function expectBundled(
   }
   if (!ESBUILD && loader) {
     const loaderValues = [...new Set(Object.values(loader))];
-    const supportedLoaderTypes = ["js", "jsx", "ts", "tsx", "css", "json", "text", "file", "wtf", "toml"];
+    const supportedLoaderTypes = ["js", "jsx", "ts", "tsx", "css", "json", "text", "file", "wtf", "toml", "xml"];
     const unsupportedLoaderTypes = loaderValues.filter(x => !supportedLoaderTypes.includes(x));
     if (unsupportedLoaderTypes.length > 0) {
       throw new UnsupportedOptionError(`loader '${unsupportedLoaderTypes.join("', '")}' not implemented in bun build`);
diff --git a/test/bundler/transpiler/transpiler.test.js b/test/bundler/transpiler/transpiler.test.js
index a4b6cd48696c..dd323f50906b 100644
--- a/test/bundler/transpiler/transpiler.test.js
+++ b/test/bundler/transpiler/transpiler.test.js
@@ -5256,6 +5256,31 @@ describe.concurrent("minify.identifiers on an empty source or a data loader", ()
   });
 });
 
+// The printer aborted the process on this input, so it runs in a subprocess.
+it.concurrent('a data loader source whose only key is "default" is only `export default`', async () => {
+  const result = await bunRun([
+    "-e",
+    `const transpiler = new Bun.Transpiler({ minify: { whitespace: true } });
+    const output = [];
+    for (const [loader, source] of [
+      ["json", '{"default": 1}'],
+      ["jsonc", '{"default": 1} // comment'],
+      ["json5", "{default: 1}"],
+      ["toml", "default = 1"],
+      ["yaml", "default: 1"],
+      ["xml", "<default>1</default>"],
+    ]) {
+      output.push([loader, transpiler.transformSync(source, loader), await transpiler.transform(source, loader)]);
+    }
+    console.log(JSON.stringify(output));`,
+  ]);
+  const number = "export default {default:1};";
+  const string = 'export default {default:"1"};';
+  const expected = ["json", "jsonc", "json5", "toml", "yaml"].map(loader => [loader, number, number]);
+  expected.push(["xml", string, string]);
+  expect(result).toEqual({ stdout: JSON.stringify(expected), stderr: "", exitCode: 0, signalCode: null });
+});
+
 it("runtime transpiler stack overflows", async () => {
   expect(async () => await import("./fixtures/lots-of-for-loop.js")).toThrow(`Maximum call stack size exceeded`);
 });