Japan's exports in May grew at their fastest pace since November 2022, rising 17% year on year, beating expectations, driven by robust demand for cars and semiconductors. The figure was higher than the 16.2% expected by economists polled by Reuters, and up from the 14.8% in April. The country's exports of semiconductors surged 61.2% in May from a year earlier in terms of value, powered by booming demand for artificial intelligence technology, while shipments of cars jumped 16.4%, according to