In one bowl, combine flour, garlic powder, onion powder, smoked paprika, and salt.
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In another bowl, beat the egg and mix in the milk.
Take each shrimp, dip it in the seasoned flour mixture, ensuring it's fully coated.
Next, dunk it into the egg and milk mixture.
Roll the shrimp in a mix of coconut shavings and panko breadcrumbs, pressing gently to adhere the coating.
Heat your vegetable oil in a deep skillet or frying pan to around 350°F (175°C).
Fry the coated shrimp in batches until they turn golden brown and crispy, usually about 2-3 minutes per side.
Place the fried shrimp on a plate lined with paper towels to drain off any excess oil.
In a small bowl, mix together minced garlic, chopped cilantro, sweet chili sauce, and the juice from half a lime.
Plate those crunchy coconut shrimp, and drizzle the zesty sauce over the top.
Garnish with extra cilantro and lime wedges for that extra pop of freshness.