In a mixing bowl, combine the shredded coconut, peanut butter, powdered sugar, and vanilla extract. Stir until fully combined and a thick, sticky mixture forms.
Using your hands, shape the mixture into small, bite-sized balls or squares, about 1 inch in size. Place them on a parchment-lined baking sheet.
Freeze the formed candy pieces for at least 30 minutes, until they are firm.
In a microwave-safe bowl, melt the chocolate chips and coconut oil together in 30-second intervals, stirring after each interval until fully melted and smooth.
Once the candy pieces are firm, dip each one into the melted chocolate, ensuring they are fully coated. Allow any excess chocolate to drip off.
Return the coated candies to the parchment-lined baking sheet and let them sit at room temperature until the chocolate hardens, or place them in the fridge to speed up the process.
Notes
Serve the candies in a decorative box or on a charming platter, garnished with a sprinkle of shredded coconut or cocoa powder for a festive touch.