In a medium-sized saucepan over medium-low heat, combine the butter, cocoa powder, brown sugar, granulated sugar, and sweetened condensed milk. Keep whisking the ingredients until the butter and sugar melt.
Next, turn off the heat and add the vanilla extract, coconut flour, and coconut milk powder. Combine the ingredients using a spatula. Cover the dough and let it chill in the fridge for about an hour.
Once the chocolate coconut dough is chilled, scoop a tablespoon of dough and roll it into a ball. Then roll the ball in shredded coconut until the coconut ball is entirely covered with coconut.
Repeat step 3 until you are out of dough.
Notes
If the dough is sticky, apply water to your hands before rolling the dough into balls.
Coconut chocolate balls are best served cold.
They can be stored in the fridge in an air-tight container for a week.