diff --git a/packages/next-yak/loaders/lib/resolveCrossFileSelectors.ts b/packages/next-yak/loaders/lib/resolveCrossFileSelectors.ts
index 24ebf402..6c8f9270 100644
--- a/packages/next-yak/loaders/lib/resolveCrossFileSelectors.ts
+++ b/packages/next-yak/loaders/lib/resolveCrossFileSelectors.ts
@@ -5,12 +5,18 @@ import babelPlugin from "@babel/plugin-syntax-typescript";
 import type { Compilation, LoaderContext } from "webpack";
 import { getCssModuleLocalIdent } from "next/dist/build/webpack/config/blocks/css/loaders/getCssModuleLocalIdent.js";
 
-const moduleSelectorRegex = /--yak-css-import\:\s*url\("([^"]+)"\)/g;
+const yakCssImportRegex = /--yak-css-import\:\s*url\("([^"]+)"\)/g;
+
 export async function resolveCrossFileSelectors(
   loader: LoaderContext<{}>,
   css: string,
 ): Promise<string> {
-  const matches = [...css.matchAll(moduleSelectorRegex)].map((match) => {
+  let fileBasedResolveCache = new Map<
+    string,
+    ReturnType<typeof resolveIdentifier>
+  >();
+  // Find cross-file-imports
+  const matches = [...css.matchAll(yakCssImportRegex)].map((match) => {
     const [fullMatch, encodedArguments] = match;
     const [moduleSpecifier, ...specifier] = encodedArguments
       .split(":")
@@ -28,20 +34,19 @@ export async function resolveCrossFileSelectors(
       size: fullMatch.length,
     };
   });
-
   const firstMatchPosition = matches[0]?.position;
   if (firstMatchPosition === undefined) {
     return css;
   }
+  // Replace the imports with the resolved values
   let result = "";
   for (let i = matches.length - 1; i >= 0; i--) {
     const { moduleSpecifier, specifier, position, size } = matches[i];
-
-    const resolved = await resolveIdentifier(
-      loader,
-      loader.context,
+    const resolved = await resolveCrossFileValue(
       moduleSpecifier,
-      specifier[0],
+      specifier,
+      fileBasedResolveCache,
+      loader,
     );
     if (resolved.type === "unsupported") {
       throw new Error(
@@ -50,7 +55,6 @@ export async function resolveCrossFileSelectors(
         )} from ${moduleSpecifier} - only styled-components, strings and numbers are supported`,
       );
     }
-
     const replacement =
       resolved.type === "styled-component"
         ? `:global(.${getCssModuleLocalIdent(
@@ -95,6 +99,66 @@ const getConstantFromResolvedValue = (
   );
 };
 
+/**
+ * Resolve the value of from a cross-file-import
+ *
+ * For regular files the specifier is resolved with resolveIdentifier
+ * For .yak files the entire module is resolved and evaluated with resolveYakModule
+ */
+async function resolveCrossFileValue(
+  moduleSpecifier: string,
+  specifier: string[],
+  resolveCache: Map<string, ReturnType<typeof resolveIdentifier>>,
+  loader: LoaderContext<{}>,
+) {
+  const isYak = moduleSpecifier.endsWith(".yak");
+  let resolvedModule: ReturnType<typeof resolveIdentifier>;
+  if (!isYak) {
+    // For non .yak files only the specifier is resolved
+    // therfore only the specifier can be cached
+    const resolveKey = `${moduleSpecifier} : ${specifier[0]}`;
+    let resolvedFromCache = resolveCache.get(resolveKey);
+    resolvedModule =
+      resolvedFromCache ||
+      resolveIdentifier(loader, loader.context, moduleSpecifier, specifier[0]);
+    if (!resolvedFromCache) {
+      resolveCache.set(resolveKey, resolvedModule);
+    }
+  } else {
+    // For yak files the entire module is executed with node (which is slower) and returned
+    // therefore the entire module can be cached as record
+    let resolvedFromCache = resolveCache.get(moduleSpecifier);
+    resolvedModule =
+      resolvedFromCache || resolveYakModule(loader, moduleSpecifier);
+    if (!resolvedFromCache) {
+      resolveCache.set(moduleSpecifier, resolvedModule);
+    }
+    // To align the return value with the non-yak case, we need to resolve the specifier
+    resolvedModule = resolvedModule.then((moduleValues) => {
+      if (moduleValues.type !== "record") {
+        throw new Error("resolveYakModule returns always a record");
+      }
+      const value = moduleValues.value[specifier[0]];
+      if (typeof value === "string" || typeof value === "number") {
+        return {
+          type: "constant" as const,
+          value,
+        };
+      }
+      if (value && (Array.isArray(value) || typeof value === "object")) {
+        return {
+          type: "record" as const,
+          value,
+        };
+      }
+      throw new Error(
+        `Could not find export ${specifier[0]} in ${moduleSpecifier}`,
+      );
+    });
+  }
+  return resolvedModule;
+}
+
 /**
  * Recursively follows the import chain to resolve the identifiers
  * type, name and value.
@@ -345,3 +409,10 @@ function parseObjectExpression(
   }
   return result;
 }
+
+function resolveYakModule(loader: LoaderContext<{}>, moduleSpecifier: string) {
+  return loader.importModule(moduleSpecifier).then((module) => ({
+    type: "record" as const,
+    value: module as RecursiveRecord,
+  }));
+}