WEBPACK_IMPORTED_MODULE_13___default(...) is not a function

Context : I am building a small library (let's call it myLibrary here) using TypeScript and Webpack. I built it, imported it in a react application but the react application crash.

Library side

My main entry point (index.ts) has a default export as such :

import wrapper from "./wrapper";

export default wrapper;

And my wrapper file exposes a default export which is a function (wrapper.ts) :

const create = () => {
  // Some functions
  return {
    init,
    close,
    getBase,
    setBase
  }
}
export default create;

The library pass all the unit tests easily.

React application side

After building and when importing my library in a React application, I have no Typescript error but my React app crashes with the following message :

TypeError: myLibrary__WEBPACK_IMPORTED_MODULE_13___default(...) is not a function

After calling my library like that :

import createAPI from "myLibrary";
const api = createAPI(); // Crash here even though I should have a nice object containing my functions

It's really strange as TS really compiled nicely to JS without any warnings.

My library wepback config (4.43.0) which I use to build with command webpack --config webpack.config.js:

const path = require('path');

module.exports = {
  mode: "production",
  entry: "./src/index.ts",
  output: {
    filename: "index.js",
    path: path.resolve(__dirname, 'dist'),
  },
  resolve: {
    extensions: [".ts", ".js"]
  },
  module: {
    rules: [
      { test: /\.tsx?$/, loader: "ts-loader" }
    ]
  }
}

My library TS config (3.7.3) :

{
  "compilerOptions": {
    "outDir": "dist",
    "target": "es5",
    "module": "CommonJS",
    "lib": ["dom", "dom.iterable", "esnext"],
    "sourceMap": true,
    "allowJs": true,
    "jsx": "preserve",
    "declaration": true,
    "moduleResolution": "node",
    "forceConsistentCasingInFileNames": true,
    "esModuleInterop": true,
    "allowSyntheticDefaultImports": true,
    "experimentalDecorators": true
  },
  "include": ["src"]
}

Any help would be greatly appreciated :)

EDIT : After updating default export to named export :

import { createAPI } from "myLibrary";
const api = createAPI();

I got a new error

TypeError: Object(...) is not a function

And when I try to console.log(typeof createAPI); I got an undefined, which should not be possible as my tests are passing and TS doesn't complain.