01 - Pat shrimp completely dry with paper towels. Season both sides evenly with salt and black pepper.
02 - Arrange three shallow bowls: place flour in the first, beaten eggs in the second, and mix shredded coconut with panko breadcrumbs in the third.
03 - Dredge each shrimp in flour, shaking off excess. Dip into beaten egg, then press firmly into coconut-panko mixture, ensuring thick, even coating on all sides.
04 - Pour vegetable oil into deep skillet or saucepan. Heat to 350°F, maintaining temperature throughout frying.
05 - Fry shrimp in small batches for 2 to 3 minutes per side until golden brown and cooked through. Transfer to paper towels to drain excess oil.
06 - Whisk together sweet chili sauce and fresh lime juice in small bowl. Fold in chopped cilantro if desired.
07 - Arrange crispy coconut shrimp on serving platter. Serve hot alongside sweet chili sauce for dipping.