Production mode tree shaking in webpack by default

I've been experimenting with noconfig webpack (version 4.43) recently and was pleased to see tree shaking is on by default.

If I have a module maths.js:

export const add = (a, b) => a + b;

export const subtract = (a, b) => a - b;

And in my index.js file I import only add:

import { add } from './maths'

Then when I run webpack in production mode with -p, choose to display the used exports with --display-used-exports and choose to display the provided exports with --display-provided-exports then I get an output for the maths module that indicates tree shaking is taking place:

$ npx webpack -p --display-used-exports --display-provided-exports
    | ./src/maths.js 78 bytes [built]
    |     [exports: add, subtract]
    |     [only some exports used: add]

The output [only some exports used: add] indicates that subtract has not been included in the final output.