Set up three shallow bowls. In the first, place the flour mixed with paprika, salt, and pepper. In the second, whisk the eggs. In the third, place the panko breadcrumbs and shredded coconut mixed together.

Dip each shrimp into the flour mixture, then into the eggs, and finally coat with the coconut and panko mixture.

In a large skillet, heat vegetable oil over medium-high heat. Fry the coated shrimp in batches until golden brown, about 2-3 minutes per side.

Remove shrimp from skillet and drain on paper towels. Serve hot with your favorite dipping sauce.