Annotation, labels, hatched lines, proportional symbols, and/or offset markers clip when printed or exported.
The map contains layers symbolized with transparency or BMP marker symbology above the layer(s) being clipped.
Transparency and BMP marker symbology force the data frame to be output as raster, which is processed as bands. There is a known issue that the raster banding process does not take into account the size and/or orientation of annotation, labels, hatched lines, proportional symbols and/or offset markers.
Please note: It is highly recommended to use ArcGIS Pro for printing and exporting, especially when experiencing issues caused by the limitations of the ArcMap display engine. More specifically, ArcGIS Pro is not restricted by the graphical device interface (GDI) limitations that some users experience in ArcMap. For example, transparency is natively supported in ArcGIS Pro, preventing the rasterization of layers. Additionally, ArcGIS Pro supports transparency in layout elements.
Note: ArcGIS Pro does not support exporting Adobe Illustrator files; it is recommended to export using PDF or SVG instead. Also, because ArcGIS Pro does not use the Windows GDI, font substitution or fallback does not occur in ArcGIS Pro. Boxes may appear if using characters unsupported by the chosen font.