diff --git a/Shorewall/Perl/Shorewall/Compiler.pm b/Shorewall/Perl/Shorewall/Compiler.pm
index cd4f94588..d7a2a49e8 100644
--- a/Shorewall/Perl/Shorewall/Compiler.pm
+++ b/Shorewall/Perl/Shorewall/Compiler.pm
@@ -339,7 +339,7 @@ sub generate_script_3($) {
     if ( $export || $config{USE_LOCAL_MODULES} ) {
 	my $fn = find_file( $config{LOAD_HELPERS_ONLY} ? 'helpers' : 'modules' );
 
-	if ( -f $fn && ( $config{USE_LOCAL_MODULES} || ! $fn =~ "^$globals{SHAREDIR}/" ) ) {
+	if ( -f $fn && ( $config{USE_LOCAL_MODULES} || ( $export && ! $fn =~ "^$globals{SHAREDIR}/" ) ) ) {
 	    emit 'echo MODULESDIR="$MODULESDIR" > ${VARDIR}/.modulesdir';
 	    emit 'cat > ${VARDIR}/.modules << EOF';
 	    open_file $fn;