diff --git a/llvm/cmake/modules/TableGen.cmake b/llvm/cmake/modules/TableGen.cmake
--- a/llvm/cmake/modules/TableGen.cmake
+++ b/llvm/cmake/modules/TableGen.cmake
@@ -147,7 +147,7 @@
     endif()
   endif()
 
-  if (${project} STREQUAL LLVM AND NOT LLVM_INSTALL_TOOLCHAIN_ONLY)
+  if (${project} STREQUAL LLVM AND NOT LLVM_INSTALL_TOOLCHAIN_ONLY AND LLVM_BUILD_UTILS)
     set(export_to_llvmexports)
     if(${target} IN_LIST LLVM_DISTRIBUTION_COMPONENTS OR
         NOT LLVM_DISTRIBUTION_COMPONENTS)