01 - Pat shrimp thoroughly dry with paper towels. Season evenly with salt and black pepper, ensuring each piece is coated.
02 - Arrange three shallow bowls: first with flour, second with beaten eggs, third with combined panko breadcrumbs and shredded coconut mixed thoroughly.
03 - Dredge each shrimp in flour, shaking off excess. Transfer to egg mixture, coating completely. Press firmly into panko-coconut mixture, ensuring even coverage on all sides.
04 - In a large skillet or deep saucepan, heat 2 inches of vegetable oil to 350°F. Maintain temperature throughout frying for optimal crispiness.
05 - Fry shrimp in small batches for 2-3 minutes per side until golden brown and crispy. Remove with slotted spoon and drain on paper towels to absorb excess oil.
06 - Whisk together sweet chili sauce, lime juice, and chopped cilantro in a small bowl until fully incorporated.
07 - Arrange crispy coconut shrimp on a serving platter. Serve hot accompanied by the sweet chili sauce for dipping.