Regional consumption activities supported by domestic production and international trade have led to substantial aerosol-related emissions worldwide. Here we quantify sulfur dioxide emissions associated with consumption by developed and developing countries and assess the resulting climate impacts using an Earth system model. We find that although the consumption-associated emissions of developed countries are 40% less than those of developing countries, they lead to similar impacts on global mean surface air temperature and precipitation. This is because the effective radiative forcing induced per emission is greater for developed countries, which we attribute to the emissions being located at higher northern latitudes and being more evenly distributed zonally. Emissions from developing countries have a greater impact on temperature and precipitation over the tropical monsoon regions of China and India. Our results demonstrate the importance of trade and emission region in determining how consumption translates into global climate impact.