diff --git a/lib/util/import-target.js b/lib/util/import-target.js
index ee803530..1acb7b3f 100644
--- a/lib/util/import-target.js
+++ b/lib/util/import-target.js
@@ -266,9 +266,10 @@ module.exports = class ImportTarget {
             alias,
         })
 
+        const cwd = this.context.settings?.cwd ?? process.cwd()
         for (const directory of this.getPaths()) {
             try {
-                const baseDir = resolve(process.cwd(), directory)
+                const baseDir = resolve(cwd, directory)
                 return requireResolve(baseDir, this.name)
             } catch {
                 continue