01 - Pat the shrimp dry with paper towels. Season evenly with salt and black pepper.
02 - Arrange three shallow bowls in a line: fill the first with all-purpose flour, the second with beaten eggs, and the third with a combined mixture of shredded coconut and panko breadcrumbs.
03 - Working with one shrimp at a time, coat thoroughly in flour, shake off excess, dip into beaten egg, then press gently into the coconut-panko mixture, ensuring complete coverage on all sides.
04 - Pour 1 inch of vegetable oil into a large skillet and heat over medium-high heat until the temperature reaches 350°F, approximately 3 to 4 minutes.
05 - Working in batches to avoid overcrowding the pan, carefully place coated shrimp into the hot oil. Fry for 2 to 3 minutes per side until the coating turns golden brown and crispy.
06 - Transfer the cooked shrimp to a paper towel-lined plate using a slotted spoon to drain excess oil.
07 - In a small bowl, combine store-bought sweet chili sauce, fresh lime juice, and finely chopped cilantro. Mix until well incorporated.
08 - Arrange the crispy coconut shrimp on a serving platter and serve immediately while hot, accompanied by the sweet chili sauce for dipping.