diff --git a/python/python-psi-impl/src/com/jetbrains/python/psi/stubs/PyQualifiedNameCompletionMatcher.java b/python/python-psi-impl/src/com/jetbrains/python/psi/stubs/PyQualifiedNameCompletionMatcher.java
index d9f999d3af74..f7cf6414d8e2 100644
--- a/python/python-psi-impl/src/com/jetbrains/python/psi/stubs/PyQualifiedNameCompletionMatcher.java
+++ b/python/python-psi-impl/src/com/jetbrains/python/psi/stubs/PyQualifiedNameCompletionMatcher.java
@@ -9,6 +9,7 @@ import com.intellij.openapi.project.Project;
 import com.intellij.openapi.util.Ref;
 import com.intellij.openapi.vfs.VirtualFile;
 import com.intellij.psi.PsiFile;
+import com.intellij.psi.PsiManager;
 import com.intellij.psi.search.GlobalSearchScope;
 import com.intellij.psi.stubs.StubIndex;
 import com.intellij.psi.util.QualifiedName;
@@ -41,6 +42,7 @@ public class PyQualifiedNameCompletionMatcher {
     QualifiedNameMatcher matcher = new QualifiedNameMatcher(qualifiedNamePattern);
     StubIndex stubIndex = StubIndex.getInstance();
     Project project = Objects.requireNonNull(scope.getProject());
+    PsiManager psiManager = PsiManager.getInstance(project);
 
     GlobalSearchScope moduleMatchingScope = scope.intersectWith(new ModuleQualifiedNameMatchingScope(matcher, project));
     Set<QualifiedName> alreadySuggestedAttributes = new HashSet<>();
@@ -66,6 +68,9 @@ public class PyQualifiedNameCompletionMatcher {
             else {
               importPath = moduleQualifiedName;
             }
+            if (ContainerUtil.exists(importPath.getComponents(), c -> c.startsWith("_")) && !psiManager.isInProject(element)) {
+              return true;
+            }
             QualifiedName attributeQualifiedName = importPath.append(attributeName);
             if (alreadySuggestedAttributes.add(attributeQualifiedName)) {
               if (!processor.process(new ExportedName(attributeQualifiedName, originallyTypedAlias, element))) {
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/python_stubs/mypackage/__init__.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/python_stubs/mypackage/__init__.py
new file mode 100644
index 000000000000..e69de29bb2d1
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/python_stubs/mypackage/_impl.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/python_stubs/mypackage/_impl.py
new file mode 100644
index 000000000000..2609413403d8
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/python_stubs/mypackage/_impl.py
@@ -0,0 +1,6 @@
+def func_exported():
+    pass
+
+
+def func():
+    pass
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/site-packages/mypackage/__init__.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/site-packages/mypackage/__init__.py
new file mode 100644
index 000000000000..3b6f5772854d
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/site-packages/mypackage/__init__.py
@@ -0,0 +1 @@
+from ._impl import func_exported
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/src/main.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/src/main.py
new file mode 100644
index 000000000000..295a59659c49
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/src/main.py
@@ -0,0 +1 @@
+mypa.fu<caret>
\ No newline at end of file
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/src/mypackage_util/_impl.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/src/mypackage_util/_impl.py
new file mode 100644
index 000000000000..b9bfa6f12339
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalSkeletonsExcludedUnlessExported/src/mypackage_util/_impl.py
@@ -0,0 +1,2 @@
+def func():
+    pass
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/__init__.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/__init__.py
new file mode 100644
index 000000000000..3b6f5772854d
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/__init__.py
@@ -0,0 +1 @@
+from ._impl import func_exported
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_impl.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_impl.py
new file mode 100644
index 000000000000..2609413403d8
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_impl.py
@@ -0,0 +1,6 @@
+def func_exported():
+    pass
+
+
+def func():
+    pass
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_vendor/__init__.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_vendor/__init__.py
new file mode 100644
index 000000000000..e69de29bb2d1
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_vendor/lib.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_vendor/lib.py
new file mode 100644
index 000000000000..b9bfa6f12339
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/site-packages/mypackage/_vendor/lib.py
@@ -0,0 +1,2 @@
+def func():
+    pass
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/src/main.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/src/main.py
new file mode 100644
index 000000000000..d140b0a9b7e3
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/src/main.py
@@ -0,0 +1 @@
+mypack.fun<caret>
diff --git a/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/src/mypackage_util/_impl.py b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/src/mypackage_util/_impl.py
new file mode 100644
index 000000000000..b9bfa6f12339
--- /dev/null
+++ b/python/testData/completion/notImportedQualifiedName/VariantsFromInternalThirdPartyModulesExcludedUnlessExported/src/mypackage_util/_impl.py
@@ -0,0 +1,2 @@
+def func():
+    pass
diff --git a/python/testSrc/com/jetbrains/python/PyNotImportedQualifiedNameCompletionTest.java b/python/testSrc/com/jetbrains/python/PyNotImportedQualifiedNameCompletionTest.java
index 68d10ce71342..eba87c58750b 100644
--- a/python/testSrc/com/jetbrains/python/PyNotImportedQualifiedNameCompletionTest.java
+++ b/python/testSrc/com/jetbrains/python/PyNotImportedQualifiedNameCompletionTest.java
@@ -28,6 +28,35 @@ public class PyNotImportedQualifiedNameCompletionTest extends PyTestCase {
     assertContainsElements(variants, "bar.func", "bar.func1");
   }
 
+  // PY-47281
+  public void testVariantsFromInternalThirdPartyModulesExcludedUnlessExported() {
+    runWithAdditionalClassEntryInSdkRoots(getTestName(false) + "/site-packages", () -> {
+      myFixture.copyDirectoryToProject(getTestName(false) + "/src", "");
+      myFixture.configureByFile("main.py");
+      myFixture.completeBasic();
+      List<String> variants = myFixture.getLookupElementStrings();
+      assertNotNull(variants);
+      assertDoesntContain(variants, "mypackage._impl.func", "mypackage._vendor.lib.func");
+      assertContainsElements(variants, "mypackage.func_exported", "mypackage_util._impl.func");
+    });
+  }
+
+  // PY-47281
+  public void testVariantsFromInternalSkeletonsExcludedUnlessExported() {
+    String testName = getTestName(false);
+    runWithAdditionalClassEntryInSdkRoots(testName + "/site-packages", () -> {
+      runWithAdditionalClassEntryInSdkRoots(testName + "/python_stubs", () -> {
+        myFixture.copyDirectoryToProject(testName + "/src", "");
+        myFixture.configureByFile("main.py");
+        myFixture.completeBasic();
+        List<String> variants = myFixture.getLookupElementStrings();
+        assertNotNull(variants);
+        assertDoesntContain(variants, "mypackage._impl.func");
+        assertContainsElements(variants, "mypackage.func_exported", "mypackage_util._impl.func");
+      });
+    });
+  }
+
   public void testQualifiedNameMatcherTest() {
     QualifiedNameMatcher matcher = new QualifiedNameMatcher(QualifiedName.fromDottedString("foo.bar.baz"));
     assertTrue(matcher.prefixMatches("foo.bar.baz"));