P: Export As... does not export as expected however Save for Web (Legacy) does work as expected

[FeedbackCommunityMember]

PhotoShop Mac 21.2.3

Macbok Pro Mid 2015 Catalina 10.15.7

ScreenShot20201021at11.13.51AM-a262ba2c-f817-4d60-b7f6-919f5587a844-1282381420.jpg

This is what the layout looks like. The images are smart objects. The .psb files have multiple layers and the top layer is the desired image for the composite image. This is what the layers panel in the psb looks like:

ScreenShot20201021at11.17.59AM-2df05ded-37de-4e6e-b7df-2ad2a7510efa-993572040.png

This is what the Export as... exports

ScreenShot20201021at11.19.51AM-2c984471-d83d-48bd-a61f-4b54d5aa2234-103306094.png

This is what the Legacy export exports

ScreenShot20201021at11.21.15AM-e136445a-970d-48aa-bf83-51e3001b81b6-752203455.png

[J453]

How big is your file? Can you scale it down and post it to CC files or Dropbox so we can use it to troubleshoot?

[FeedbackCommunityMember]

Here is the file...

https://shared-assets.adobe.com/link/aabab22e-302f-4768-6793-5a531df87265

[J453]

Thanks. I've asked engineering to take a look!