Thaw your shrimp if frozen and pat dry with paper towels. Set aside three small-medium bowls.
In the first bowl, mix together flour, salt and pepper.
In the second bowl, beat the eggs.
In the third bowl, mix together coconut and Panko bread crumbs.
Holding shrimp by the tail, dredge in the flour mixture, shake off excess and dip into beaten egg. Then dredge thoroughly in the coconut mixture to coat.
Place the coated shrimp on a baking sheet and chill for 20-30 minutes.
In a medium saucepan or deep fryer, add 2-3 inches of oil and heat to 375°F.
Fry shrimp in batches of 2-3 for about 2 minutes until golden. Remove with a slotted spoon and place on a wire cooling rack.
Serve with your Thai sweet chili sauce and enjoy!