Preheat your oven to 325°F. Line a baking sheet with parchment paper.
In a large mixing bowl, combine the shredded coconut, egg whites, granulated sugar, vanilla extract, and almond extract. Mix until well combined.
Using a tablespoon or cookie scoop, drop rounded mounds of the coconut mixture onto the prepared baking sheet, spacing them about 1 inch apart.
Bake in the preheated oven for 20-25 minutes, or until the edges are golden brown. Remove from the oven and let cool completely on the baking sheet.
While the macarons are cooling, prepare the Thai iced tea. In a glass, combine the brewed Thai iced tea with sweetened condensed milk and coconut milk. Stir well to combine.
Fill a glass with ice cubes and pour the Thai iced tea mixture over the ice.
Serve the coconut macarons alongside the Thai iced tea for a delightful treat.