01 - Pat shrimp dry with paper towels and season evenly with salt and pepper.
02 - Set up three shallow bowls: flour in the first, whisked eggs and milk in the second, combined shredded coconut and panko in the third.
03 - Dredge each shrimp in flour, shake off excess, dip into egg mixture, then press firmly into coconut-panko mixture to adhere coating.
04 - Heat vegetable oil in deep skillet over medium-high heat to 350°F.
05 - Fry shrimp in batches for 2-3 minutes per side until golden brown and crispy. Drain on paper towel-lined plate.
06 - Whisk together sweet chili sauce, lime juice, and cilantro in small bowl until combined.
07 - Arrange shrimp on platter and serve immediately with sweet chili sauce alongside.