In a large mixing bowl, whisk together the flour, sugar, baking powder, and salt.
In another bowl, combine the coconut milk, coconut cream, egg, melted coconut oil, and vanilla extract. Mix well until smooth.
Pour the wet ingredients into the dry ingredients and stir until just combined. Gently fold in the shredded coconut.
Heat a non-stick skillet or griddle over medium heat and lightly grease with coconut oil.
Pour about 1/4 cup of batter for each pancake onto the skillet. Cook until bubbles form on the surface, about 2-3 minutes, then flip and cook for an additional 2-3 minutes until golden brown.
Repeat with the remaining batter, adding more coconut oil to the skillet as needed.
Serve warm with maple syrup, additional coconut cream, or fresh fruit.