next.js/server/build/babel/preset.js

const babelRuntimePath = require.resolve('babel-runtime/package').replace(/[\\/]package\.json$/, '')
const relativeResolve = require('../root-module-relative-path').default(require)

// Resolve styled-jsx plugins
function styledJsxOptions (opts) {
  if (!opts) {
    return {}
  }

  if (!Array.isArray(opts.plugins)) {
    return opts
  }

  opts.plugins = opts.plugins.map(plugin => {
    if (Array.isArray(plugin)) {
      const [name, options] = plugin
      return [
        require.resolve(name),
        options
      ]
    }

    return require.resolve(plugin)
  })

  return opts
}

const envPlugins = {
  'development': [
    require.resolve('babel-plugin-transform-react-jsx-source')
  ],
  'production': [
    require.resolve('babel-plugin-transform-react-remove-prop-types')
  ]
}

const plugins = envPlugins[process.env.NODE_ENV] || envPlugins['development']

module.exports = (context, opts = {}) => ({
  presets: [
    [require.resolve('babel-preset-env'), {
      modules: false,
      ...opts['preset-env']
    }],
    require.resolve('babel-preset-react')
  ],
  plugins: [
    require.resolve('./plugins/remove-dotjsx-from-import'),
    require.resolve('babel-plugin-react-require'),
    require.resolve('./plugins/handle-import'),
    require.resolve('babel-plugin-transform-object-rest-spread'),
    require.resolve('babel-plugin-transform-class-properties'),
    [require.resolve('babel-plugin-transform-runtime'), opts['transform-runtime'] || {}],
    [require.resolve('styled-jsx/babel'), styledJsxOptions(opts['styled-jsx'])],
    ...plugins,
    [
      require.resolve('babel-plugin-module-resolver'),
      {
        alias: {
          'babel-runtime': babelRuntimePath,
          'next/link': relativeResolve('../../../lib/link'),
          'next/prefetch': relativeResolve('../../../lib/prefetch'),
          'next/css': relativeResolve('../../../lib/css'),
          'next/dynamic': relativeResolve('../../../lib/dynamic'),
          'next/head': relativeResolve('../../../lib/head'),
          'next/document': relativeResolve('../../../server/document'),
          'next/router': relativeResolve('../../../lib/router'),
          'next/error': relativeResolve('../../../lib/error')
        }
      }
    ]
  ]
})